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Following a decade running LendingClub, Laplanche uses lessons learned for his next startup Conor Witt1 Renaud LaPlanche, Lending Club Renaud Laplanche spent ten years building LendingClub. In the process, he created an industry from scratch. Circumventing conventional banking channels for consumer credit began in 1996 when Chris Larsen started E-LOAN, which ultimately led to Prosper Marketplace. But LendingClub, which Laplanche founded in 2007, was and remains the poster child for the business of marketplace lending. The industry’s short history has been volatile, characterized by both triumphant hype and utter lack of confidence. History of the Marketplace Lending Industry, CB Insights While LendingClub has struggled in the public markets since their late 2014 IPO, they have managed to propel their industry into significance, while rapidly expanding their share of the personal loan market to 10%. After his well-publicized departure in May 2016, Laplanche got starte

Italy's daily coronavirus death toll and new cases fall

2 minutes People gather in Virgiliano Park, as the country begins a staged end to a nationwide lockdown due to the coronavirus disease (COVID-19), in Naples, Italy, May 17, 2020. REUTERS/Ciro De Luca MILAN (Reuters) - The daily death toll from the COVID-19 epidemic in Italy fell to 145 on Sunday, the lowest since March 9, against 153 the day before, the Civil Protection Agency said, while the daily tally of new cases fell to a March-4 low of 675 from 875 on Saturday. The total death toll since the outbreak came to light on Feb. 21 now stands at 31,908 the agency said, the third highest in the world after those of the United States and Britain. The number of confirmed cases amounts to 225,435, the sixth highest global tally behind those of the United States, Spain, Britain, Russia and Brazil. People registered as currently carrying the illness fell to 68,351 from 70,187 the day before. There were 762 people in intensive care on Sunday, down from 775 on Saturday,

Opinion | Coronavirus vs. Governors: Ranking the Best and Worst State Leaders

21-27 minutes Bill Scher is a contributing editor to POLITICO Magazine and co-host of the Bloggingheads.tv show “ The DMZ .” Sometimes, it takes a national crisis to change what’s fashionable in politics. A pandemic erupts, and suddenly, experts-be-damned populism loses some of its allure. A record of sober technocratic experience becomes an asset instead of an albatross. And after many years of being relegated to the cheap seats, America’s governors have been thrust into the spotlight. With President Donald Trump largely unable or unwilling to play the part of a national unifier or to take decisive action to curb the spread of the coronavirus, the leadership we normally expect from the Oval Office has instead come from state executives throughout the nation — or not. Which governors have done a better job at meeting the moment, by acting decisively and boosting morale? And which have missed the moment, dragged their feet and succumbed to petty squa

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Italy's daily coronavirus death toll and new cases fall

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