“Finance venture capital investing just isn’t that sexy,” Kyle Zasky of New York’s SenaHill Partners said at a recent Options Alliance forum on financial sector VC investing held in Chicago. But the upcoming Lending Club Initial Public Offering, scheduled to price tonight and IPO Thursday, could change all that. Lending Club’s pre-IPO price range As the price of Lending Club is reported to be nearing the upper end of its pre-IPO range, at $14 per share, the company has set about a path to revolutionize banking by disintermediating the traditional brick and mortar banker. But perhaps more significant is that there is…
Lending Club Could Make Financial IPOs "Cool" and "Sexy"
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.