LendingClub Shakeup: What Comes Next?

The video discusses the rise and fall of Lending Club, highlighting its peak market cap post-IPO and subsequent decline. It explores the peer-to-peer lending model, emphasizing the role of Renaud Laplanche in institutionalizing the industry. The video also covers the conflicts leading to an investigation and Laplanche's departure, and concludes with the challenges Lending Club faces in securing new funding sources to sustain growth.

What was the peak market value of Lending Club after its IPO in 2014?

• $15 billion

• $10 billion

• $1.4 billion

• $5 billion

Why was Lending Club considered interesting by Wall Street?

• It was the largest bank in the US.

• It was at the forefront of peer-to-peer lending.

• It had the highest stock price.

• It was a traditional lending institution.

How did Lending Club's funding model evolve over time?

• From individual lenders to institutional investors

• From hedge funds to personal savings

• From banks to individual lenders

• From government funding to private equity

Who was a key figure in the rapid institutionalization of Lending Club?

• Warren Buffet

• Renaud Laplanche

• Elon Musk

• Jeff Bezos

What was one of the main issues that led to an investigation at Lending Club?

• Misleading advertising

• Changed application dates for loans

• Incorrect loan amounts

• Unauthorized stock sales