Friday, April 14, 2006

Prosper thyself!

Just discovered a cool new website, Prosper!

Uses the ancient Chinese way of lending and borrowing money among small groups of people. Prosper takes that ancient concept, merged it with eBay-style bidding to make it into a new business model!

I just started a borrowing group called 'New to the USA' as a way for newcomers to build credit history in the US, as well as getting access to funds for future investments.

Cool concept! Check it out.

1 comment:

Henry Yeo said...

hhhmm....ricky,

shall we see if we can create a game out of this concept.