cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Feb 18, 2016 20:18:45 GMT
Does anybody know how the "number of investor" is actually calculated? Is it the total amount of individuals that have signed up to the platform, or is it the total number of individuals that have invested in SS?
Seems to be a vast difference between the number of people pre-funding (1600 from the last allocation) and the total amount of investors (6448).
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ablender
Member of DD Central
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Post by ablender on Feb 18, 2016 20:21:38 GMT
I think, only savingstream are in a position to answer this if they are willing to. |
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ben
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Post by ben on Feb 18, 2016 20:59:13 GMT
I think, only savingstream are in a position to answer this if they are willing to. True but I bet its members signed up to make the numbers look higher
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Post by wiseclerk on Feb 18, 2016 21:05:39 GMT
I think, only savingstream are in a position to answer this if they are willing to. True but I bet its members signed up to make the numbers look higher I have no information, but I would think 6,448 would be to low if they counted sign ups. Even if we can guess that only around 1600 partipate in recent allocations you will still have many that a) invested, but currently have no cash in account b) invested, but did not set up a prefunding bid c) invested some time ago, but then decided to withdraw On the other hand Ratesetter is quoting something around 34,000 investors if I remember right. Seen in relation that is not so much more than the SS number.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Feb 18, 2016 21:16:19 GMT
True but I bet its members signed up to make the numbers look higher I have no information, but I would think 6,448 would be to low if they counted sign ups. Even if we can guess that only around 1600 partipate in recent allocations you will still have many that a) invested, but currently have no cash in account b) invested, but did not set up a prefunding bid c) invested some time ago, but then decided to withdraw On the other hand Ratesetter is quoting something around 34,000 investors if I remember right. Seen in relation that is not so much more than the SS number. I agree that 6,448 seems too small for the total investors; I would imagine that number is a lot larger. However, it still seems too many, considering that no loan consists of more than 1700 investors I think your note C (invested some time ago, but then decided to withdraw) partly explains the figure; I wonder if the number of investor includes everyone that has invested ever
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Post by pepperpot on Feb 18, 2016 21:59:30 GMT
Purely a guess but with the figures shown I reckon around 2k of the 6k have got money in, perhaps another 1k have 'dabbled' some of which may still be in but aren't currently active.
Just as another point of reference, FC had their investors figure showing all sign ups, it changed 1-2yrs ago to show the number of 'actually invested'. From memory it dropped from around 70-80k to 30-40k (now at 47k).
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Post by highlandtiger on Feb 19, 2016 8:47:51 GMT
True but I bet its members signed up to make the numbers look higher I have no information, but I would think 6,448 would be to low if they counted sign ups. Even if we can guess that only around 1600 partipate in recent allocations you will still have many that a) invested, but currently have no cash in account b) invested, but did not set up a prefunding bid c) invested some time ago, but then decided to withdraw On the other hand Ratesetter is quoting something around 34,000 investors if I remember right. Seen in relation that is not so much more than the SS number. I think the majority of those people will be a). Unlike the 100 or so people who inhabit this forum, most people don't have thousands of pounds burning holes in their pockets looking for somewhere to make their millions turn into gazillions. I would imagine a lot of people are like me, putting a small bit away every month. Once we have managed this we don't need to participate in any more loans this month. Although you have to remember we have only just had the first payday after Xmas. The one payday where everyone is trying to pay off their Xmas bills, and as such many small investors are lacking funds at the moment. or perhaps it is, d). Fully invested with their maximum amount and currently have no interest in adding to this total.
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Post by Deleted on Feb 19, 2016 9:54:13 GMT
I haven't kept a long, but I clearly remember that number was around 2000 when I joined (around 1 year ago) and I have seen it growing constantly over time.
It looks really the total number of people who signed up (most will have invested then i would guess) and I agree that it is more than normal that most people will not continue to invest over time (some will simply take a bit like a bond and will just login every few months to check things).
The numbers are growing of course, but are still far from more established/older p2p networks
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Investboy
Member of DD Central
Trying to recover from P2P revolution
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Post by Investboy on Feb 19, 2016 11:39:04 GMT
Low number - bad, high number - worse. Lets hope whatever the number is will not grow too much otherwise this forum will be swamped with negative comments like " buu... I can't buy anything on SM", " I hate reCaptcha", " my internet is too slow", " images are to blurry" ect. For the marketing purposes I think this number is as highest as they possibly can legally claim so it would be all investors registered ever. Something like: SELECT count(*) FROM investors(techie joke)  |
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Post by wiseclerk on Feb 19, 2016 15:29:19 GMT
For perspective Estateguru which has a comparable product (bridging loans, comparable interest rate) touts 3,013 registered investors on its homepage. With SS being much older, I think 6K number would be much to low for SS, if it counts everybody ever registered.
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webwiz
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Post by webwiz on Feb 19, 2016 17:55:25 GMT
For perspective Estateguru which has a comparable product (bridging loans, comparable interest rate) touts 3,013 registered investors on its homepage. With SS being much older, I think 6K number would be much to low for SS, if it counts everybody ever registered. I don't think Estateguru is at all comparable with SS because it is based in Estonia.
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Post by GSV3MIaC on Feb 19, 2016 18:00:43 GMT
Comparable does not mean "equal to". I suspect the P2P market in Estonia is less developed, the population is smaller, and the company newer .. thus having SS =only= twice as big (which is a comparison) is not very likely.
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Post by wiseclerk on Feb 19, 2016 21:25:59 GMT
@gsv3miac
But that's exactly what I wanted to say with the argument. The SS number should be much higher. Therefore it is unlikely that the 6K is all registered investors and more likely all invested investors.
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jonah
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Post by jonah on Feb 19, 2016 21:43:00 GMT
If you really want to know... Sell all your holdings and see if the number goes down one.  |
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Post by GSV3MIaC on Feb 19, 2016 21:49:24 GMT
@gsv3miac But that's exactly what I wanted to say with the argument. The SS number should be much higher. Therefore it is unlikely that the 6K is all registered investors and more likely all invested investors. I know .. I was agreeing with you (in case that is not obvious) and disputing the 'not comparable' statement.
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