Uber: The Undocumented Cab Company

rule_of_law

Today I came across an article that didn’t have a warm and fuzzy feeling for Uber. Here’s the title of the article. The threat Uber poses to competition and productive capitalism How does Uber pose a threat to competition in the cab industry? What competition was there in the cab industry before Uber and Lyft came … [Read more…]

Lending Club and Risk Taking

RockClimber2

A few months back I came across a company called the Lending Club. And from what I read, it struck me as having a very intriguing business model. Here’s how the Lending Club works. Potential borrowers with relatively small loan requirements join the Lending Club (average loan size is $14,553). The Lending Club determines the … [Read more…]