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What Google’s $125 million investment into LendingClub means for online finance and crowdfunding

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Online financial services and crowdfunding are officially mainstream.

Google’s recent $125 million investment into LendingClub (valuing the company at an incredible $1.55 billion) proves that taking traditional finance online and allowing investors to go directly into specific assets is here to stay. 

I am the founder and CEO of a crowdfunding for real estate company, Realty Mogul, and I am asked a lot by angel investors and VC’s, “hasn’t this business been tried before and failed?”

The short answer is yes, and yes. But, the longer answer is that the... more...


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