1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations?
I have heard of social lending clubs before but thought they were a joke. When reading that they raised $500 million dollars in the past 5 years makes me want to look into their platform.
2) Identify at least one part of the reading that was confusing to you.
I don't understand how social lending is so popular when only 10% of the ventures get funded.
3) If you were able to ask two questions to the author, what would you ask? Why?
Why do people use it if the success rate is not that high?
How do you pay back the money to social lending companies? Is there one person who gives the money or is it a few people who give the money?
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
Considering that this is not my sector of business I have nothing that I think the author is wrong about. I don't have another opinion because everything I've read here has been everything I've ever read. Some info is all together new for me therefore I had no prior knowledge and can not dispute the contents of this article
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