Peer-to-peer lending platform Lending Club is announcing a huge new investor today: Google. Google and existing investor Foundation Capital have put $ 125 million in Lending Club, which was valued at $ 1.55 billion in the round. As part of this investment Google will take an observer seat on the Lending Club Board alongside existing Board members including Kleiner Perkins’ Mary Meeker, ex-chairman and CEO of Morgan Stanley John Mack and former U.S. Treasury Secretary Larry Summers.
Tag Archives: Club
Love Home Swap, a U.K.-based startup that appeals to homeowners that want to trade their places, is getting into proper rentals. The company, which launched about a year and a half ago, was operating on a member subscription model. People would pay to get access to a network of homeowners that were open to swapping residences across 150 different countries, plus a travel team, personal concierge and travel guides. Now the company, which just raised $ 1.3 million from MMC Ventures, is offering rentals along with swaps. Swaps are, of course, free to members. With rentals, Love Home Swap will take a 12 percent service fee. If you’re a gold member, it’s 11 percent and for Platinum members, it’s 10 percent. On the hosting side, the company will take a 3 percent service fee, which drops to 2 percent for Gold members and 1 percent from Platinum members. Love Home Swap also pairs each transaction with an insurance policy from Hiscox to protect members against damages or theft. Rentals are a natural move for the company, as nearly two-thirds of members said they would be interested in rentals. It adds a different revenue model to the subscription business. Normally, Love Home Swap charges anywhere from roughly $ 15 a month to $ 42 per month to belong to its club, depending on the tier of service you want. At the top level, they get a concierge service that helps with restaurant and flight bookings. That business has helped Love Home Swap grow revenues by 37 percent and triple traffic since funding was closed in December of last year. The company just acquired 1stHomeExchange, to add 23,000 listings. Love Home Swap doesn’t really consider itself a direct competitor to San Francisco’s Airbnb. It positions itself as a service that caters to higher-end customers that are a bit older, own property and have the ability to go on holiday more often. The company points to listings like a six-bedroom house in Koh Samui, Thailand or a five-bedroom chateau in Brittany. The average age of their customer is 46 and they’re predominantly female. It’s split 50 percent between families while 21 percent are couples with no kids and 18 percent are empty nesters. The rest are independent travellers. About a third of the properties on the site are vacation homes, not primary residences. Another competitor in an even higher tier of the market is Inspirato, which
Today several bits of a couple of speeches made by Apple co-founder Steve Wozniak and another Macintosh legend have surfaced via a friendly holder of several VHS recordings of a 1984 meeting of the Apple Pi computer club. These tapes recorded Woz and Apple Employee #6 Randy Wigginton speaking at the Denver Apple Pi computer
Ditching HTML5 cost Facebook the flexibility to tinker and quietly try out design or feature changes on subsets of users. But now it can experiment again. Thursday Facebook launched a beta club offering some Android users early access to new features. Thanks to silently downloaded software updates, Facebook can field test evolutions of its mobile experience so it doesn’t screw up.
Move over Mark Zuckerberg, there are a few new kids on the block. A growing number of startups are reaching that golden number: the $ 1 billion valuation.
Jukeboxsms is a cloud-powered “virtual jukebox” aimed at bar, restaurant, and club owners — an online/PC replacement for those giant hardware jukeboxes of yesteryear. The music streaming element comes courtesy of cloud-music locker service, Audiobox.fm, while customers wishing to buy song credits can order and pay by SMS. Alternatively, there’s support for Paypal, or venue-owners can issue credits in person.
The folks at Moshi have opened their fashionable doors to the iPad mini this week with several accessories that’ll make your Apple device experience just a bit more fabulous. What we’ve got here are the VersaCover, the Concerti, and the iVisor XT and AG, all made for the protection and further beautification of your iPad
The Sony Reader Store has announced the Sony Readers Book Club, a virtual book club for those who prefer to give their literary analysis online rather than in the coffee shop. Once a month, the Sony Reader Store will select one lucky book for the new club. Users can engage with each other via a
If you’re a fan of Angry Birds video games, a company that owns several resort hotels in Finland is set to construct a series of Angry Birds Activity Parks at three hotels. The first of the three activity Parks based on the Angry Birds video game will be a year-round indoor activity park. The park
FoundersCard, the membership program bringing executive-style perks to entrepreneurs, is rolling out a few more perks today to add to its growing lineup. The company currently offers discounts on a number of products and services, including things like elite status on airlines (5% off Virgin America, 10% off Virgin Atlantic, 10% off Lufthansa, and 5-22% off Cathay), discounts with Apple, AT&T (10%), UPS (up to 32%) StubHub, TaskRabbit, and hotels, to name a few.
Sometimes you want to be out partying on a Friday night and simply can’t muster the energy. It happens. But last year at TechCrunch Disrupt San Francisco, a service launched that aimed to solve that problem, and the company ultimately won and took home the Disrupt Cup. That company is Shaker, and it’s just making its way Stateside from Israel with the forthcoming launch of Club 53 tomorrow at 7:53pm PST.
If you don’t already know how Shaker works, it’s essentially a virtual world inside a Facebook app. That may mean a beach, a sports arena, a park, or the aforementioned Club 53. But, that’s not a real club. It’s about as real as your strawberry patch in FarmVille, but that doesn’t mean it isn’t fun right?
If you love old Vitamin W as much as I do, you’ll be pleased to note that folks who are disrupting the staid old wine industry are doing well. Case in point: Club W just announced they ‘re on track to sell $ 1 million worth of wine in the past this year, based on current annualized revenue.
They also saw 11,000 unique visitors and 73,000 page views – acceptable numbers for a new business. The company has 10 full-time employees. Geoff McFarlane, Xander Oxman, and Mark Lynn founded the company three months ago and things are going strong.
Those of you living north of the border have a few LTE options already, but could we see one more being added to the list? Depending on how that murky image above is to be understood, then maybe we will. It’s alleged by staff that a new “LTE Voice and Data” bundle is showing up when accounts are being activated or upgraded. We’re never convinced until the writing’s on the wall (or at least the company website), but if you’re on the Rogers-owned network, and wanting faster data, there’s hope for you yet.
Playboy is about to launch into the final frontier, at least in its imagination. The iconic adult-magazine company has dreamed up a vision of a Playboy Club in space — a sprawling sci-fi-inspired depiction of fun and games on a huge private space station.
The rise of Apple’s stores is one of the past decade’s great retail stories. So, why then does the company continue to creep back into the big-box outlets and will this hurt the brand?
83-year old woman gets replacement 3D printed titanium jaw, makes her the coolest member of the bridge club
3D printers are continuing to force their way into medical applications and the latest beneficiary is an 83-year old woman. She’s the first patient to receive a titanium jaw crafted by those not-so dimensionally-challenged printers. The method was developed by the BIOMED Research Institute at Hasselt University in Belgium and creates the replacement from layer-upon-layer of titanium dust. A computer-controlled laser ensures that the correct molecules are fused together. The technique, the first to replace the entire jaw, takes mere hours to make the substitute choppers, with other options taking several days. While the final product weighs a bit more than its natural predecessor, but that didn’t stop the patient returning close to “normal speaking and swallowing” the day after the operation.
(Photo credit: ZDNET.de)
localman writes with this excerpt from CNET: “Through his hit Web site and three popular books, [author Brendan] Smith has spread the gospel of ‘The Brick Testament.’ But now, because of what it says are concerns about ‘mature content,’ Sam’s Club, one of the nation’s largest retailers, has banned in-store sales of the fourth book in the series, The Brick Bible.
Read more of this story at Slashdot.