Thursday, October 18, 2007

Prosper company income data weak

This guy in Austin is doing some good work.
$100K in revenue for the month of September 2007?
http://prosperousland.blogspot.com/2007/10/prospers-september-revenue.html

How many employees here?
Let's think about the growth assumptions required just to get over the liquidation preference in this deal (Prosper Marketplace, Inc.) ...I think it is $39.5 million at this point.
http://www.rateladder.com/2007/06/20/prospers-20mm-series-c-venture-capital-details-press-release/

Good luck to the prosper stock option holders!
Will they borrow on prosper to finance their option exercises?
Would artificially created some volume but not sure any one has the faith yet to go after than long term gain treatment.

1 comment:

Mike said...

Prospers.org keeps a running list of Prosper employees. This can be helpful in figuring out burn rate:
http://prospers.org/wiki/Prosper%20Directory

Mike
http://prosperousland.blogspot.com