SteveT
Member of DD Central
Posts: 6,875 
Likes: 7,924
|
Post by SteveT on Dec 31, 2015 8:50:14 GMT
Just read in the FT that Samir Desai gets CBE in the New Year Honours List Mr Desai said: “This honour is testament to the hard work of the Funding Circle team who have helped originate £1.25bn of loans from thousands of investors to small businesses in the last five years, creating over 50,000 new jobs globally.” Are we congratulating or picking over some inflated numbers??? Presumably includes the US platform?
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Dec 31, 2015 9:07:59 GMT
Surely we are congratulating, and are recognising that this kind of honour will reflect work done in helping to establish the P2P sector - P2P association, creation of the regulatory regime and political support, internationalisation - as well as the growth of FC in the UK. Good for P2P, do we not think? And there are times to just congratulate without qualification.
|
|
am
Posts: 1,495
Likes: 601
|
Post by am on Dec 31, 2015 9:28:06 GMT
Just read in the FT that Samir Desai gets CBE in the New Year Honours List Mr Desai said: “This honour is testament to the hard work of the Funding Circle team who have helped originate £1.25bn of loans from thousands of investors to small businesses in the last five years, creating over 50,000 new jobs globally.” Are we congratulating or picking over some inflated numbers??? If they've done £1bn in the last year then £1.25bn over the last year seems quite plausible. Job creation I expect is harder to quantify. They might also like to crow over jobs saved, through allowing companies to trade through a cash flow crisis, if that's not included under jobs created.
|
|
agent69
Member of DD Central
Posts: 6,043
Likes: 4,437
|
Post by agent69 on Dec 31, 2015 9:29:07 GMT
From now on, The defaults will be miles away. If only Not a fan of FC, and withdrew all my money months ago, but you have to admit that they know how to get business through the door.
|
|
|
|
Post by Deleted on Dec 31, 2015 9:50:27 GMT
It is impressive and they do need a well done.
However, if they were merely giving money away (rather like the Gov did with QE) it would be considered a little worrying and no one sits around saying "well done chaps" for giving money away.
So the question is did they get the rate right?
|
|
metoo
Member of DD Central
Posts: 555
Likes: 432
|
Post by metoo on Dec 31, 2015 14:42:57 GMT
Just read in the FT that Samir Desai gets CBE in the New Year Honours List Mr Desai said: “This honour is testament to the hard work of the Funding Circle team who have helped originate £1.25bn of loans from thousands of investors to small businesses in the last five years, creating over 50,000 new jobs globally.” Are we congratulating or picking over some inflated numbers??? Presumably includes the US platform? And European?
|
|
