Chris Larsen Quotes
With the Internet world, we can have people make both sides of the (lending) market, bringing more transparency and efficiency. It can be both more capitalistically efficient and socially beneficial. 
Tweet
Internet | World | People | Sides | Lending |
comments powered by Disqus
There are likely to be people who bid on certain loans because they want to support people they care about and can relate to. For example, a successful entrepreneur may remember the trials and tribulations of getting a loan to start her first business, and be instantly drawn to borrowers who are budding entrepreneurs.
- Chris Larsen
We believe groups are at the heart of fostering a culture of responsible borrowers. While some people might be apathetic about paying their credit card bills, they're likely to be far more conscientious about their payment habits when their group's reputation is on the line. For instance, a member of a university alumni group won't want to shame their alma mater and fellow alums by giving them a mediocre group reputation.
- Chris Larsen