via Friedman: "How: Why How We Do Anything Means Everything... UBS bank’s motto is: ‘You and us.’ But the world we created was actually ‘You and nobody’ — nobody was really connected in value terms... get back to collaborating the old-fashioned way"
Chris Larsen, Prosper: "“This is the big trend right now; Wall Street firms are becoming banks
again and getting back to their roots... Peer-to-peer lending
is the simplest form of pure banking there is.... In many ways this is a good opportunity for us to show we can be part
of the solution... I just love the idea that Americans have a
place to turn for credit, and that they don’t have to wait for lenders
and major banks to decide when we are going to come out of this thing.”
(Yes We Can, POSOG, DIO)
Something's not right with eBay makeing more & more of their money via PayPal. Is it an honest living to just take a cut of money changing hands (vs. adding value by connecting people/customers)?