Tagged: upstart

VPC Specialty Lending Adds Positions in OnDeck, Funding Circle & Others

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VPC Speciality Lending Investments (LSE:VSL) has published a brief comment stating they have added investments in several direct lenders including OnDeck Capital, Funding Circle (USA), Upstart Network, Borro and Kreditech.  VPC has also provided a balance sheet loan to Applied Data Finance.  The company acquired… Read More

Bill Introduced To Cement Crowdfunding Individuals & Higher Ed Via Income Share Agreements

upstart

Yesterday Senator Marco Rubio (R-FL) and U.S. Representative Tom Petri (R-WI) introduced a piece of legislation that stands to redefine the options on the table for students seeking to fund and finance higher education. The bill, entitled the Investing in Student Success Act, has some serious ramifications… Read More

The Next Big Thing in Crowdfunding? Kickstarting People

Upstart offerings

… Let’s start with Kickstarter as the obvious crowdfunding example. The company was founded by three guys with no previous finance experience. The target return for investors who back development of new products — from objects to movies — on Kickstarter is … nothing. Backers are instead… Read More

Selling Their Futures: College Grads Promise a Slice of Their Future Income for Cash Now

The start of Nathan Sharp’s story sounds familiar: In 2012, he found himself graduating from Dartmouth College with an MBA and $100,000 in student debt. But rather than take whatever job would help him make his monthly payments, the entrepreneurial-minded Sharp took $50,000 from backers using… Read More

Young entrepreneur crowdfunding site Upstart expands to Boston area universities

Upstart, a Silicon Valley startup led by Massachusetts native and former Google (Nasdaq: GOOG) executive Dave Girouard, has extended its crowdfunding site for young entrepreneurs to students and recent alumni of five Boston area universities. The Upstart site, which launched in August, allows entrepreneurs to… Read More

‘Crowdfunding’ College Costs

Is a college education a good investment? Warren Buffett has often quipped, before audiences of business-school students, that he would pay $100,000 for 10% of a student’s future earnings. One new website, Upstart (www.upstart.com), allows some of us to make a similar move. “Accredited investors”—generally,… Read More

Upstart funds promising student startups — and not just in tech

Former Google exec David Girouard’s Upstart wants to match promising, not-necessarily-techie college entrepreneurs with backers and mentors. The goal is to fuel the creation of a new generation of startups that would otherwise never see the light of day.