If you haven't checked out www.prosper.com than you are missing out on a piece of history in the making. For a little over a year, Prosper has been effectively cutting out banks and credit card companies. Much like the rest of the web 2.0 companies, Prosper is dependent on social networking. This time instead of looking for a date or re-connect with old friends, people arrive at prosper looking to borrower or lend money.
I have been lending money for about 30 days now, and without too much disappointment the program has gone according to plan. I am going to post more details on prosper in a few weeks after some of my loans will be in process.
In meantime check out www.prosper.com.
2 comments:
Amazing concept and service. Truly revolutionary. Thanks for writing about it - can't wait to hear how you fare.
With the click of a mouse late Thursday night March 1, 2007, the leader of the Two Millionaires Group on Prosper.com admitted the 5,509th member and created the largest group on Prosper ever! The one remaining challenge at the time was to beat PsychDoc's record number of loans created....
Asked about how his group succeeded in growing so large so rapidly, "TwoMillionaires1" the group leader replied that he did a lot of internet marketing in the beginning to bring new members in, and it grew from there to the point where today word of mouth from contented borrowers brings in probably hundreds of new members each week.
"It didn't hurt either to have a private website that has attracted more than 300,000 hits and 10,000 unique visitors," the group leader added.
As of the date of this report, more than one and a half million dollars has been loaned to members of this popular people-to-people online borrowing and lending group, almost 400 individual loans.
Details are available at:
http://www.2mils.org
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