Yesterday was an incredible day for the peer to peer lending industry as LendingClub went public. It surely has brought attention to a new way of investing that I have been involved with for a year and a half. There has been a substantial increase in articles about LendingClub which will only expand the investor and borrower base. The most exciting article for me is below, where I was mentioned in the Wall Street Journal:
Lending Club IPO: Finance Business Gets Tech-Stock Allure
In this post, I’ll outline how I handled the shares of LendingClub stock I was allocated. Please feel free to share how you fared in the comments.