kaya
Member of DD Central
Posts: 1,150
Likes: 718
|
Post by kaya on Feb 5, 2016 9:36:59 GMT
I don't pretend to understand this one, which is assigned a B+ rating. It's another virtual start-up, and I'm not sure if it would even get an E rating on FC. Any thoughts?
|
|
alanp
Member of DD Central
Posts: 168
Likes: 72
|
Post by alanp on Feb 5, 2016 16:16:06 GMT
The two years accounts show good growth in revenues and earnings which is positive but still a fairly early stage tech offering that could burn cash very quickly as it tries to expand and grow its market and as we all know CRASH and BURN often go together unfortunately.
No idea what rating FC would give it TBH and don't know if there is any reasonable relationship between the two rating methodologies and not sure it even matters if there is.
Compared to other LC loans it has the rating they have given it, which sets the return band on offer.
I've made a bid that is in keeping with my well spread investment in LC which was only enough to get the bonus on offer at the end of last year so re-investing old cash only that I had put as a bid against the one that closed today until I got outbid with 2 minutes to go and so missed out.
Until liquidity on the SM improves dramatically that will be the full extent of my involvement.
|
|
ablender
Member of DD Central
Posts: 2,204
Likes: 555
|
Post by ablender on Feb 5, 2016 20:40:15 GMT
I would not bet on ratings at FC.
|
|
|
Post by nanniema on Feb 5, 2016 22:23:09 GMT
Or LC ?
|
|
|
Post by GSV3MIaC on Feb 6, 2016 8:34:51 GMT
I don't pretend to understand this one, which is assigned a B+ rating. It's another virtual start-up, and I'm not sure if it would even get an E rating on FC. Any thoughts? Sure fire A+ on Funny Criteria. 8>.
|
|
adrianc
Member of DD Central
Posts: 9,978
Likes: 5,131
|
Post by adrianc on Feb 6, 2016 15:04:43 GMT
I would not bet on ratings at FC. I'd certainly bet on them. A tenner on them not making any sense whatsoever...
|
|