1. What strategies did Lending Club employ to mitigate adverse selection on its platform? Were these strategies...
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Question:
1. What strategies did Lending Club employ to mitigate "adverse selection" on its platform? Were these strategies successful?
a) in the early days of the platform? b) more recently? 2. Lending club is "tech" not "fin"? Agree or disagree? Implications? 3. Lending Club began as a matching engine, and evolved into a full intermediation platform. Please identify:
a) At least one essential recent requirement for "reintermediation", explaining why b) At least one potential risk of reintermediation for other participants on the platform (ie for lenders or
borrowers) explaining why
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