Earlier this week we launched Lend Academy Investments. So, in this edition of the Lend Academy Podcast I bring on my two co-founders for a discussion. But I want to emphasize this is not a promotional podcast for our new investment firm, it is more of a background interview where you can get to know my new partners, Bo Brustkern and Jason Jones.
In this podcast you will learn:
- The opportunity Jason had to be an equity investor in Lending Club in 2010.
- Why he was advised against investing in Lending Club back then.
- The original idea Jason and Bo had for a fund in this space.
- Why they are passionate about p2p lending.
- Why it is important to look beyond the numbers.
- The origins of Lend Academy Investments.
- How technology and software are unbundling traditional banking.
- Why “dynamic risk pricing” is going to be the future of p2p lending.
- What the future of p2p lending may look like in 10 years.
You will be hearing more from Bo and Jason in the coming weeks and months. They will be bringing their unique perspectives to Lend Academy by contributing here on the blog and in other ways. You can connect on LinkedIn with Jason Jones and Bo Brustkern.
You can subscribe to the Lend Academy Podcast via iTunes or Stitcher. There is an audio player directly below or you can download the MP3 file here.
Podcast: Play in new window
Today is a big day for me and for Lend Academy. We are officially expanding our horizons into investment management with the launch of Lend Academy Investments. This is not a solo venture. I have partnered with two financial services veterans, Bo Brustkern and Jason Jones, in creating Lend Academy Investments, which is an SEC registered investment adviser focused on the p2p lending space.
Lend Academy Investments is all about making p2p lending easier to access for individual investors. Regular readers know the impact that institutional investors have had on this space and we want to turn the tables on that. We give individual investors a professional money management option using the same tools as the big guys. More on that later. First, I want to give you a bit of background.
How Lend Academy Investments Was Born
It was around two years ago when I first received an email from a reader asking if I would help manage their investments on Lending Club and Prosper. I thought about it at the time and decided against pursuing it. But on a semi-regular basis since then I have continued getting more requests like that one.
I began to think I really should expand into investment management but wasn’t sure I could do it by myself. That was my challenge; I didn’t have any background in finance. Then last year, through my work on the LendIt Conference, I met Jason Jones and Bo Brustkern. I enjoyed working with these gentlemen both of whom have a strong background in finance.
[click to continue…]