From the valuation logic interpretation of Lending Club huge loss how long can Chinese P2P capital b

P2P’s capital binge is clearly no sign of ending. PE and VC are shouting bubbles of value, while they are still trying to plunge themselves into it. P2P has a lot of water, which has long been no secret in the industry. However, no matter how big the valuation bubble is, whether the capital market is buying is the key. It seems that the day is far from the truth.

 

note: this week, Lending Club announced after the listing of the first quarter earnings (see "Lending Club titanium media above the first earnings net loss of $9 million, fell trigger"), reported a fourth quarter revenue of $68 million 100 thousand, $33 million 500 thousand higher than the same period last year; a net loss of $9 million, an average loss of 7 cents per share. Less than the same period in 2013 and 2013 fourth quarter results, Lending Club net profit of $2 million 900 thousand.

raises a discussion again: P2P’s valuation logic, in fact, P2P has a lot of water, which has long been no secret in the industry. Previously, a financial analysis of the listed in the LC international investment bank Morgan Stanley in its latest report entitled "Democratizing Lending Through the Marketplace; Initiating at EW on Full Research Report Valuation" in detail how to LC valuation, pricing, and the market outlook, but also map out Chinese P2P capital bubble.

The following content of

is selected from the first financial, the original title is "from the big rub on the valuation logic of Lending Club, look at China’s P2P capital bubble", edited by:

despite the constant controversy over the risks involved in the P2P industry, this does not prevent them from gaining capital. In 2015, P2P’s capital binge was clearly no sign of ending. PE and VC are shouting bubbles of value, while they are still trying to plunge themselves into it.

in 2014, at least 38 online P2P platform to complete the financing, involving more than 4 billion yuan of funds. From the beginning of all loans announced a $130 million investment, and by the end of the year, Lu Jin first round of financing valued at $10 billion. P2P platform "suck money" ability amazing, financing scale, valuation is expected to new highs.

According to the statistics of

and zero one finance, in January 2015 there are 11 P2P platform to complete the financing. Among them, the tiger fund investment point financial network 3 months ago has just announced the acquisition of Sun Hung Kai investment. In addition according to my understanding, pat loans, favorable net C round of financing in advance, is expected shortly after the announcement will be made.

P2P has a very large valuation, which is no longer in the industry