Prosper, in my opinion, is a poorly lead company. The home page is laughable...all those pretty colors under the rainbow, and it lacks basic functionality. What a waste of development time and money. The Folio site is cumbersome and time consuming to use. No wonder nobody uses it. Like Gatsby mentioned, there is no link on their new home page. I think if their ultimate goal is to phase out the individual investor, then they are doing it in a very ungraceful way. The customer service department is rude anytime I ask a question, and thats if they ever bother answering the question to begin with. Never have they answered within a timely manner (via email)
I've felt for a long time that LC would ultimately phase out the individual investor, leaving Prosper as the viable option...which would be a boon for Prosper. But as so often witnessed in companies, radical decisions are not thought through with long term vision and consequences in mind. I would never shut out the individual investor, but maybe raise the minimum investment. To limit sources of funding, is asking for potential problems down the road.
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