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Author Topic: Are incentives backfiring?

p
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Are incentives backfiring?
OP: December 01, 2012, 12:00:00 AM
As a Prosper investor, I pumped much more money into my account when the 3% and 2% deals were being offered at the end of October and through November. Now I find myself waiting on the sidelines for the next incentive. Just curious as to what people's thoughts on this were.
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Are incentives backfiring?
#1: December 31, 1969, 07:00:00 PM
I deployed ~10k last month.  My read of decreased origination volume + increased listing volume is that capital is spread out over more loans, ergo, fewer loans are receiving enough investment to fund.  I expect this to clear up as the S1 becomes effective / BRE goes live, which seems imminent.  I think the incentives were intended to try to keep origination volumes up as many wait on sidelines for the S1.

I wouldn't expect to see more incentives unless the S1's effectiveness is delayed...
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