March 22nd, 2007 by Brian
We certainly think so and so does our friend, Jeff Leventhal (the founder of OnForce), who set-up this group on person-to-person lending site Prosper.
Note the following in the “Loan Listing Requirements” section:
To have your listing endorsed by the group leader, please contact me. For endorsement I will ask you to email me copies and IT industry certification, recent pay stubs and W2’s as well as three independent personal references. Good ratings on systems like OnForce and Odesk matter as well. Endorsements are important as they help increase lender confidence and help your listing get funded.
The logic makes sense to us as we’ve seen that members with good feedback consistently earn more and find jobs more quickly.
-
Brian
March 23rd, 2007 at 2:30 pm
Yah, right! good credit and oDesk. At the average wage on your home page, I would not extend credit to anyone making 14/hr for Ajax programming.
A closer look and you will see that Benchmark Capital funds both companies so having a ‘endorsement’ from Prosper is like kissing your sister.
Perhaps a more authentic and useful endorsement should go on your blog.
This is the same kind of spin that happened during dot.com boom 1.0.
May 23rd, 2007 at 7:05 am
While Prosper.com caters mainly to the US market, there’s another site called GlobeFunder.com which caters to the global crowd, especially those living in the third world.