Comments on: CircleLending Becomes Virgin Money USA; Gets Makeover and Millions in Funding http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/ Startup and Technology News Thu, 26 Nov 2009 13:24:45 -0800 hourly 1 By: Asheesh Advani Steps Out of Virgin Money – Or Was He Pushed Out? | P2P Lending News http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-2848216 Asheesh Advani Steps Out of Virgin Money – Or Was He Pushed Out? | P2P Lending News Fri, 10 Jul 2009 16:59:58 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-2848216 [...] individuals, and launched CircleLending in 2001. Just six years later in 2007, CircleLending was purchased by the Virgin Group and named Virgin Money; Richard Branson wore a t-shirt that said “Go Fund Yourself” to [...] [...] individuals, and launched CircleLending in 2001. Just six years later in 2007, CircleLending was purchased by the Virgin Group and named Virgin Money; Richard Branson wore a t-shirt that said “Go Fund Yourself” to [...]

]]> By: Building a real financial system | MetaFilter http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-2521463 Building a real financial system | MetaFilter Sun, 02 Nov 2008 18:57:02 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-2521463 [...] myriads of savers with no knowledge of business prospects and the thousands of businesses with no direct ability to draw on individual savers' resources." posted by kliuless (0 comments total) 6 users [...] [...] myriads of savers with no knowledge of business prospects and the thousands of businesses with no direct ability to draw on individual savers’ resources." posted by kliuless (0 comments total) 6 users [...]

]]> By: Lendoza - news & information on p2p lending and the social finance industry - Social Lending Profiles - Virgin Money http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-2304315 Lendoza - news & information on p2p lending and the social finance industry - Social Lending Profiles - Virgin Money Sat, 17 May 2008 19:27:40 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-2304315 [...] Family-owned Venrock Asssociates in 2006. A year later, Richard Branson’s Virgin Group purchased a majority stake in the company for an undisclosed amount and rebranded the company under the Virgin USA banner as Virgin Money [...] [...] Family-owned Venrock Asssociates in 2006. A year later, Richard Branson’s Virgin Group purchased a majority stake in the company for an undisclosed amount and rebranded the company under the Virgin USA banner as Virgin Money [...]

]]> By: Alex http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-1680687 Alex Wed, 17 Oct 2007 22:54:27 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-1680687 @9 Sipboy Keep me abreast of your developments. I think your idea has legs. Put me on your email list sm1224 a gmail @9 Sipboy

Keep me abreast of your developments. I think your idea has legs. Put me on your email list

sm1224 a gmail

]]> By: Sipboy http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-1680516 Sipboy Wed, 17 Oct 2007 20:27:01 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-1680516 @9 My website is www.auctionbuyback.com. Thanks! @9 My website is http://www.auctionbuyback.com. Thanks!

]]> By: Sipboy http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-1680515 Sipboy Wed, 17 Oct 2007 20:25:41 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-1680515 I have used Prosper and it worked out well for me as a borrower. I needed a bridge loan to cover expenses I was incurring while recovering from congestive heart failure. I then tried lending money as a "pay-it-forward" deal, but it seems very risky because the return on my loans are not very good. I am now in the process of trying to create a similar style of lending by using commodities and assets like gold and etc. I am a Pawnbroker by trade and I am trying to figure out how to bring this type of lending to the web. Something like Prosper, Zopa, Lending Club, etc., but using collateral as security. It is a win-win situation in the offline environment. I think it could also be the same online. If anyone thinks this is a good idea, visit my website and send me some feedback. I have used Prosper and it worked out well for me as a borrower. I needed a bridge loan to cover expenses I was incurring while recovering from congestive heart failure. I then tried lending money as a “pay-it-forward” deal, but it seems very risky because the return on my loans are not very good. I am now in the process of trying to create a similar style of lending by using commodities and assets like gold and etc. I am a Pawnbroker by trade and I am trying to figure out how to bring this type of lending to the web. Something like Prosper, Zopa, Lending Club, etc., but using collateral as security. It is a win-win situation in the offline environment. I think it could also be the same online. If anyone thinks this is a good idea, visit my website and send me some feedback.

]]> By: NSC http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-1680275 NSC Wed, 17 Oct 2007 16:52:25 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-1680275 These companies are very interesting and I wonder how and when this could be regulated. It blurs the line between banking and investments and seems to give more power to the people. As a potential lender I would be a little worried about my return and risk. If anyone has used this/similar services care to comment on their experience? These companies are very interesting and I wonder how and when this could be regulated. It blurs the line between banking and investments and seems to give more power to the people. As a potential lender I would be a little worried about my return and risk.

If anyone has used this/similar services care to comment on their experience?

]]> By: Ciaran http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-1679683 Ciaran Wed, 17 Oct 2007 08:10:53 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-1679683 This is a very interesting move; whilst over here in the UK Mr Branson looks to expand his financial portfolio by taking over a troubled (traditional) mortgage provider, over there he's being a lot more adventurous. I wonder whether this is a sign of things to come back here... This is a very interesting move; whilst over here in the UK Mr Branson looks to expand his financial portfolio by taking over a troubled (traditional) mortgage provider, over there he’s being a lot more adventurous. I wonder whether this is a sign of things to come back here…

]]> By: Not Richard Branson http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-1679672 Not Richard Branson Wed, 17 Oct 2007 07:59:34 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-1679672 Once again, America... you're welcome. Virgin is always trying to do the right thing for our customers. The services you want, the customer service you deserve, and a hip brand, too. Fake Steve... they didn't come to you because you do SOFTWARE, not banking. Virgin does it all! (We've talked about this before...) Warm regards, Sir Dick Once again, America… you’re welcome.

Virgin is always trying to do the right thing for our customers. The services you want, the customer service you deserve, and a hip brand, too.

Fake Steve… they didn’t come to you because you do SOFTWARE, not banking. Virgin does it all! (We’ve talked about this before…)

Warm regards,
Sir Dick

]]> By: Drew Meyers http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-1679611 Drew Meyers Wed, 17 Oct 2007 06:54:13 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-1679611 I would love to see you guys do an overview post on microlending to entrepreneurs in 3rd world countries. Are there any other sites that have the same focus as kiva? I would love to see you guys do an overview post on microlending to entrepreneurs in 3rd world countries. Are there any other sites that have the same focus as kiva?

]]> By: Ed http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-1679514 Ed Wed, 17 Oct 2007 05:22:04 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-1679514 @ Stevie Wonder Ballmer (Fake and real) - Because....they....want to remain hip? When was the last time you or Gates jumped down the side of a building and injured yerselfs?? @ Stevie Wonder Ballmer (Fake and real) – Because….they….want to remain hip? When was the last time you or Gates jumped down the side of a building and injured yerselfs??

]]> By: Steve Ballmer http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-1679372 Steve Ballmer Wed, 17 Oct 2007 03:12:10 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-1679372 Impressive, but why didn't they come to me? http://fakesteveballmer.blogspot.com Impressive, but why didn’t they come to me?
http://fakestev...er.blogspot.com

]]> By: Ed http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-1679333 Ed Wed, 17 Oct 2007 02:47:39 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-1679333 So now Richie wants to handle our money? Aren't the hun'rds of otha services his empire gives enough? So now Richie wants to handle our money? Aren’t the hun’rds of otha services his empire gives enough?

]]> By: The Business of Software http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/comment-page-1/#comment-1679291 The Business of Software Wed, 17 Oct 2007 02:35:24 +0000 http://www.techcrunch.com/2007/10/16/circlelending-becomes-virgin-money-usa-gets-makeover-and-millions-in-funding/#comment-1679291 I'd have thought this constitutes banking and therefore should be heavily regulated. I’d have thought this constitutes banking and therefore should be heavily regulated.

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