Activity on Prosper.com suggests an imminent launch
From this it appears Prosper.com relaunch is imminent.
Looks Like Prosper.com is On Its Way Back! | Prosper lending Review
I checked out Prosper, and sure enough, another one of those ominous "down for maintenance" pages like we saw the day before the Finovate Conference.
Paraphrasing Anthony’s email he says that the US SEC approved Prosper’s new securitized note trading platform at 3:30 PM on Friday, and that they pulled the site down over the weekend through Monday.
Prosper is indeed back up and running. They are still working through approvals in many states, but there is a bunch of interesting info on their website. Enjoy
A message from their CEO on their website says the following:
Prosper is Back! (We mean it this time)
07/13/09 posted by Chris Larsen
Finally… the moment we and so many supportive and loyal Prosper community members have been waiting for… after nine long months of navigating the rapidly changing regulatory landscape, we are thrilled to announce that Prosper’s registration statement with the SEC has been declared effective. Prosper lenders can once again invest directly in fellow Americans and small businesses!
David MacKenzie
July 21, 2009 at 5:40 am
Wow, now if Community Lend would just stop being vapourware it would be fantastic news.
Traciatim
July 27, 2009 at 11:37 am
Colin Henderson
July 27, 2009 at 11:42 am
I keep checking back every few months, but I don’t know why. I’m 100% certain that this is never going to launch.
“Canadian peer-to-peer loan start-up CommunityLend has secured $2.5 million in funding and rounded out its management team in advance of a live launch slated for Q1 2008.”
LOL!!! Q1 2010 is coming up pretty damn quick.. with your proven horrible insight I think I’ll be investing my money somewhere else. Goodbye forever community lend!
ned
July 30, 2009 at 11:54 pm
Thanks for stopping by Ned and sharing that insight. Feel free to sign up at communitylend.com and you will be amongst the first to hear when we have good news.
Colin Henderson
July 31, 2009 at 12:57 am
I’ve been waiting on CommunityLend for a long time… I have capital to inject and plans for a community group of lenders to co-operate in vetting the best prospects.3
C’mon Colin! Where we at?
Alan
September 20, 2009 at 4:22 pm
Well I’m sure as good of an idea that this is, it won’t be around much longer based on 2.5 million dollars in funding. Considering in this day and age a CEO’s salary is already 1 third of that per year, (that was 2 years ago) and then the remaining executive team, as well as web hosting……ouch
tick tock……the clock is running out …
martin
October 16, 2009 at 11:55 pm