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Post by Deleted on Oct 7, 2015 10:58:19 GMT
With Twino getting new CEO, former CMO of Bandora , a company with one of the worst track record of bad loans, should we be concerned?
I'm thinking to quit Twino
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Rob
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Post by Rob on Oct 7, 2015 11:17:39 GMT
With Twino getting new CEO, former CMO of Bandora , a company with one of the worst track record of bad loans, should we be concerned? I'm thinking to quit Twino And I just started investing on Twino, having ceased further investment in Bondora!! Maybe he's was disillusioned and that's why he has left Bondora. Maybe he will come on the forum and give us an explanation.
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shimself
Member of DD Central
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Post by shimself on Oct 7, 2015 12:27:47 GMT
I've just asked him those questions for their facebook q&a tomorrow, suggest others do likewise
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Post by reeknralf on Oct 7, 2015 12:28:32 GMT
The email says he's been working internationally for the past 4 years, which I inferred to mean he left Bondora some time ago, i.e. before they started handing out our money to people who had no intention of repaying it.
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Rob
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Post by Rob on Oct 7, 2015 12:32:45 GMT
The email says he's been working internationally for the past 4 years, which I inferred to mean he left Bondora some time ago, i.e. before they started handing out our money to people who had no intention of repaying it. No, he last wrote on their Blog on 25 September 2015: www.bondora.com/blog/collection-process-overview/#comment-789
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Post by gmaxkenny on Oct 7, 2015 13:06:49 GMT
Not an appointment that fills me with confidence. Having Bondora on your CV is like having lookout on the Titanic on your resume.
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shimself
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Post by shimself on Oct 7, 2015 13:28:08 GMT
I got an email reply from him just now, and have pointed him here. He said he didn't want to "draw comparisons with Bondora"
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JamesFrance
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Port Grimaud 1974
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Post by JamesFrance on Oct 7, 2015 13:31:09 GMT
If I was Jevgenijs Kazanins I would probably have been keen to move too, he had the difficult job of trying to satisfy unhappy lenders in public.
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Post by patright on Oct 7, 2015 14:05:31 GMT
If I was Jevgenijs Kazanins I would probably have been keen to move too , he had the difficult job of trying to satisfy unhappy lenders in public. lol Yeah I agree with that, I have 30% of my portfolio in default at bondora and it's not a small portfolio either. If Twino is looking for the same type of growth in bad loans and so on as bondora, I prefer to be told now because what I liked at Twino so far was the sort of responsible approach with good rate and buyback, if any of those factor is to go out the windows, please let us know However, I don't know Mr Kazanins and I certainly don't want to make a judgement on him nor his work at this point, just waiting for clarification on the direction into which Twino plans to move
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Post by gmaxkenny on Oct 7, 2015 15:51:22 GMT
Finabay plan to enter the Spanish market some time this year. Lets hope he has not been appointed for his Bondora "expertise" in this area.
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Maestro
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Post by Maestro on Oct 7, 2015 18:01:05 GMT
Not an appointment that fills me with confidence. Having Bondora on your CV is like having lookout on the Titanic on your resume. Especially one of ex-Chief Marketing office. I am sure I am not the only one who is less than impressed by their marketing of "annualized net return" numbers
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JamesFrance
Member of DD Central
Port Grimaud 1974
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Post by JamesFrance on Oct 7, 2015 18:11:04 GMT
Yes, on the blog that was described as Gross profits but on the website the same method of XIRR calculation is shown as Net Return on Investment.
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Post by patright on Oct 9, 2015 5:43:09 GMT
So what did the Q and A bring to the table? did not have time to follow and I don't see it anywhere
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Post by wiseclerk on Oct 9, 2015 6:14:09 GMT
There isn't much on the Facebook page. However the German investors were offered a Q&A arranged on the German P2P-Kredite.com forum. And there are quite a few questions. While the collection of questions are a mix of German and English language the answers will be in English by the CEO www.p2p-kredite.com/diskussion/exklusive-qanda-mit-dem-neuen-twino-ceo-t3580.htmlI'd expect the answers to be ready in the course of today.
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Post by wiseclerk on Oct 9, 2015 16:38:35 GMT
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