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...