blata
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Post by blata on Jul 26, 2017 18:04:36 GMT
Just wondering, there are 16000 plus investors and only a few post on this site , the majority that do are not impressed with Lendy, I am sitting on the fence at the moment neither Investing or withdrawing.
Do you think there is a sense of apathy or are the silent majority in general, happy!
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registerme
Member of DD Central
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Post by registerme on Jul 26, 2017 19:03:09 GMT
Personally I think it's hard to say. What I would note is:-
a) that members of this forum are early adopters
b) precisely because of the different perspectives and shared (tested, examined etc) opinions and analysis one would hope that they are better informed than average, and
c) Lendy would be wise to pay attention to sentiment here if only because it may presage changes to come in sentiment of the wider lender base.
A perfectly reasonable response from Lendy might be "We know the rest of our lender base is happy with the product and service we provide and we're not going to be lead, or distracted, by what we perceive as noise on the P2PIF". If that were to be their response I hope they are proven to be right.
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guff
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Post by guff on Jul 26, 2017 19:26:02 GMT
Don't forget that it is over 16000 registered (users/investors according to various Lendy descriptions) but you have to register to see the details of the loans and not everyone who sees the loan details is going to invest.
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copacetic
Member of DD Central
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Post by copacetic on Jul 27, 2017 1:28:40 GMT
A perfectly reasonable response from Lendy might be "We know the rest of our lender base is happy with the product and service we provide and we're not going to be lead, or distracted, by what we perceive as noise on the P2PIF". If that were to be their response I hope they are proven to be right. I suspect the Pareto principle crops up in Lendy's investor base as it does in a lot of businesses i.e. 80% of the total investor's funds come from 20% of individuals. The silent majority that don't frequent the forums might be happy but if the unhappy forum members make up a high proportion of the 20% then Lendy would do well to pay attention to the noise!
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elliotn
Member of DD Central
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Post by elliotn on Jul 27, 2017 2:06:25 GMT
Lenders per loan may give a better indication of current active users rather than total registered (which will include non-lenders and leavers). Lender trend is down whilst selling is up so the market also provides feedback.
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Post by GSV3MIaC on Jul 27, 2017 10:17:06 GMT
A perfectly reasonable response from Lendy might be "We know the rest of our lender base is happy with the product and service we provide and we're not going to be lead, or distracted, by what we perceive as noise on the P2PIF". If that were to be their response I hope they are proven to be right. I suspect the Pareto principle crops up in Lendy's investor base as it does in a lot of businesses i.e. 80% of the total investor's funds come from 20% of individuals. The silent majority that don't frequent the forums might be happy but if the unhappy forum members make up a high proportion of the 20% then Lendy would do well to pay attention to the noise! Pareto definitely applies, as I demonstrated somewhere way-back-when, when you could get a list of ALL loan parts in a loan (if you were not logged in) and marvel over the £100k plus parts some people owned. There was even a graph, out there somewhere (may now have been culled since it was posted as an image, iirc). Having said that Ly (SS back then) did demonstrate a willingness to listen to the 80%, in terms of 'bottom up' allocating new loans, when the 20% (or the 20% of the 20%!) would rather have had a %age allocation (having asked for the odd £m or so).
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neal
Member of DD Central
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Post by neal on Jul 27, 2017 10:22:01 GMT
Just wondering, there are 16000 plus investors and only a few post on this site , the majority that do are not impressed with Lendy, I am sitting on the fence at the moment neither Investing or withdrawing. Do you think there is a sense of apathy or are the silent majority in general, happy! I have been with Lendy for about 18 months and only just discovered the forums.
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p2p2p
Member of DD Central
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Post by p2p2p on Jul 27, 2017 12:37:25 GMT
I suspect people like to complain more than praise, so the balance of comments will always be negative. I suspect most people are too busy to join the forum, let alone comment on it. The main merit of being here is to have disproportionate influence over future behavior, and that will always attract big-hitters (not me), back-seat drivers (me) and those with time on their hands (me)
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skippyonspeed
Some people think I'm a little bit crazy, but I know my mind's not hazy
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Post by skippyonspeed on Jul 31, 2017 18:18:51 GMT
I disagree!  |
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Post by martin44 on Jul 31, 2017 19:31:15 GMT
Just wondering, there are 16000 plus investors and only a few post on this site , the majority that do are not impressed with Lendy, I am sitting on the fence at the moment neither Investing or withdrawing. Do you think there is a sense of apathy or are the silent majority in general, happy! I think whilst ever the Platform appears to be buoyant and Lendy want to hold on to the 'no-one has lost money' mantra (sacred utterance) then Apathy ' will' prevail for the majority IMO.
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GeorgeT
Member of DD Central
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Post by GeorgeT on Jul 31, 2017 20:15:07 GMT
Based on the activity on the secondary market in the past two weeks I would say there is still a considerable appetite for LY investments and that may suggest that the majority of people are loving the Returns they are getting and the simplicity of the system.
As forum contributors I would suggest we are not at all representative of the majority of LY customers. The fact we are all here debating every issue in great detail suggests to me that we are experts and specialists who enjoy micro analysing every event.
With respect to all of us I would suggest that the majority of investors have got a lot going on in their lives and probably just like to tuck some money away for a good return and do not manage it as proactively as we do and do not spend hours of their time reading up on everything. The majority are probably less well informed than we are and whilst I wish them all the best our superior knowledge probably gives us the edge.
The flood of recent repayments and the near halving in size of the secondary market has gone a long way towards restoring my flagging confidence and I am now feeling a lot more comfortable with the platform then I was about 3 or 4 months ago. I think now he has got his feet under the table that Paul is starting to have a positive impact and the changes being rolled out at the moment by the management are mostly for the best.
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merlin
Minor shareholder in Assetz and many other companies.
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Post by merlin on Jul 31, 2017 22:06:40 GMT
Don't forget/ignore the fact that there are always a large number of lurkers, sorry guests, watching at the fringes which typically out number the members/posters in a ratio of around 4 to 1. Also I have a feeling that the guests are a rotating audience and possibly accumulate to a much larger total number.
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GeorgeT
Member of DD Central
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Post by GeorgeT on Jul 31, 2017 22:22:11 GMT
Out of interest, is there a reason why this forum is set up so that people who are non members or not logged in can read it?
I would have thought more people would join up and therefore possibly contribute if they could only access it by being a member.
On the downside I guess the number of hits the forum gets would decline because some people would not wish to join up.
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Post by martin44 on Jul 31, 2017 22:29:19 GMT
Out of interest, is there a reason why this forum is set up so that people who are non members or not logged in can read it?I would have thought more people would join up and therefore possibly contribute if they could only access it by being a member. On the downside I guess the number of hits the forum gets would decline because some people would not wish to join up. Yep.. it's a public/open forum. anyone can open the p2p forum and read the comments, and rightly so imo. I'm sure there are other places where comments can be made more indiscreetly.
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toffeeboy
Member of DD Central
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Post by toffeeboy on Aug 1, 2017 15:39:50 GMT
Based on the activity on the secondary market in the past two weeks I would say there is still a considerable appetite for LY investments and that may suggest that the majority of people are loving the Returns they are getting and the simplicity of the system. As forum contributors I would suggest we are not at all representative of the majority of LY customers. The fact we are all here debating every issue in great detail suggests to me that we are experts and specialists who enjoy micro analysing every event. With respect to all of us I would suggest that the majority of investors have got a lot going on in their lives and probably just like to tuck some money away for a good return and do not manage it as proactively as we do and do not spend hours of their time reading up on everything. The majority are probably less well informed than we are and whilst I wish them all the best our superior knowledge probably gives us the edge. The flood of recent repayments and the near halving in size of the secondary market has gone a long way towards restoring my flagging confidence and I am now feeling a lot more comfortable with the platform then I was about 3 or 4 months ago. I think now he has got his feet under the table that Paul is starting to have a positive impact and the changes being rolled out at the moment by the management are mostly for the best. Experts and specialists might be stretching it a bit, I would have gone with the fact that we all have too much spare time on our hands. Or in my case spend too much time here when I should be working (don't tell my boss).
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