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Fred93: Prosper.com is near bankruptcy?

January 31, 2010

Respected Prosper-watcher Fred93 has published a statement suggesting that all available indicators now point to Prosper Loans Marketplace being close to running out of cash needed to sustain their ongoing operations.

Fred93’s statement can be found here.  As is often the case, Fred93 and the Prosper community are discussing this issue over at Prospers.org.

Fred93’s analysis is eerily similar in conclusion to that of an item published here at PCASM in late November 2009 (How Long Can Prosper Survive?).

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