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December 2014 | Part II
%TODAY%
Well, it happened. OnDeck Went Public...
Merchant Cash Advance Underwriting
Despite technology craze, humans still have a place in MCA underwriting. Check out Pierre Mena's guide to detecting fraud and using common sense.
Confessions of a Bitcoin Miner
"Bitcoin mining" sounded like a scam. Truthfully I imagined Matrix Sentinels drilling underground to steal mankind's last remaining bitcoins.
So I went in search of answers and now I mine bitcoins 24/7.
What everyone doesn't realize about OnDeck
Imagine paying your rent every day of the month instead of once a month. It's weird to envision. So when the press hears that many of OnDeck's loans require a daily payment, they seem to have no idea what it means.
The real OnDeck story is the mainstream introduction of daily payments.
Remember when it was just a few people chatting about the industry? Now it's being dissected by individuals all over the country. Check out the OnDeck StockTwits stream: http://stocktwits.com/symbol/ONDK
Next for "peer-to-peer"?
Now that Lending Club is public, keep your eye on Prosper. They funded $493 million in Q3.
