Prosper.com Microfinance - SVMN.net mtg 2007-09-10

Prosper is like an “eBay for Money” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Existing Consumer Credit Markets Institutional Markets - Wall Street Community Lending - Early US S & L’s - Informal Asian Lending ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],= Borrowers = Lenders

Prosper combines best of both markets Group Leader marketing = Lenders = Borrowers = Group Leader Lender diversification Borrower reputation Friends, Endorsements reputation/marketing

[object Object],[object Object],Market Size – Unsecured consumer credit Source: SMR Research 2005 and Financial Services Agency of Japan 2006

Prosper Stats Users: 410,000 Loans by $: $87,000,000 Borrower Loans: 15,000 Promissory Notes: + 1.2 million Payments to Lenders: 2,500,000 Discussion Posts: 370,000

Backing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Deep Operational Integration Banking and Finance Collection Agencies Credit Reporting Agencies Anti-Crime Scheduled: Fall ‘07 Scheduled: June ‘07 Scheduled: Fall ‘07

First Wave (Web 1.0) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object], Offline Online Product Books Stocks Loans

Second Wave (Web 2.0) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Web 1.0 Web 2.0 Product Video Guides Loans

But what about all the other Web 2.0 Stuff? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],X No People = No Value

Range Of Issues ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Prosper.com Microfinance - SVMN.net mtg 2007-09-10

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Prosper.com Microfinance - SVMN.net mtg 2007-09-10