kiva

 
  • What Michael Birch Did after Selling Bebo and How He Thinks You Should Celebrate Your Birthday

    What Michael Birch Did after Selling Bebo and How He Thinks You Should Celebrate Your Birthday

    For all the billions of dollars created here, Silicon Valley is remarkably stingy when it comes to giving. I first wrote about this when I moved here in the great Web 1.0 Internet bubble. Back then, as companies went public all around us, one-third of households earning $100,000 or more gave $1,000 or less to charity—roughly half what the rest of the U.S. gave per dollar earned. And those were… Read More

  • The Inevitable Anti-U.S. Backlash Has Started On Kiva

    The Inevitable Anti-U.S. Backlash Has Started On Kiva

    When we reported on Kiva.org's decision to open up its micro-lending platform to U.S. entrepreneurs, Kiva CEO Premal Shah told us he was concerned about backlash in the community. Shah acknowledged that the decision to open lending to U.S. recipients may draw criticism because it goes against the idea on which Kiva was founded—lending to help development in third world countries where credit… Read More

  • Kiva Brings Microlending Home To U.S. Entrepreneurs In Need

    Kiva Brings Microlending Home To U.S. Entrepreneurs In Need

    The financial crisis has made a lasting impact on small businesses around the world and here at home in the United States. With the credit crunch creating a virtual standstill of lending, small businesses in the U.S. are facing an uphill battle to find funds, especially if their financial history isn't stellar. Kiva.org, one of the web's most interesting innovators in the micro-lending space, is… Read More

  • What Was The Best Of The Web in 2008? A Voter's Guide For The Crunchies.

    Last night we released the finalist names for the Crunchies Awards. Vote here for who you think should win. We've set up a site that is pretty self-explanatory, with all of the names of each finalist for every category, along with links to their Websites and Crunchbase profiles where you can learn more about each one before voting. The Crunchies represents the best the Web had to offer in 2008… Read More

  • Help Eliminate Poverty, Make a Microloan to An Entrepreneur

    Help Eliminate Poverty, Make a Microloan to An Entrepreneur

    The financial crisis in world markets over the past few weeks has been a real eye-opener, but even those of us who have seen our stock portfolios decline by 30 percent or more don't have much to complain about. It could be worse. It could be a lot worse. A third of the world's population lives in poverty, and 20 percent lives in extreme poverty, meaning they are always hungry. What can you… Read More

  • P2P Loans GainingTraction.  Lending Club Goes Nationwide

    P2P Loans GainingTraction. Lending Club Goes Nationwide

    Despite sub-prime loan worries rocking the economy, peer-to-peer loans are gaining some traction. You’d think loans between individuals would be much riskier than loans from a bank, but it turns out that individuals can be more risk averse than banks when it comes to lending out money. If you look at Prosper, the leader in P2P lending with more than $100 million in loans out so far, only 7… Read More

  • LendingClub To Close $10.26 Million Series A

    LendingClub To Close $10.26 Million Series A

    Peer to peer lending service Lending Club will close a $10.26 million series A round of financing from Norwest Venture Partners and Canaan Partners tomorrow. This comes a few months after the company’s $2 million angel round. Coinciding with the investment, Jeff Crowe and Dan Ciporin (former ceo of shopping.com) are joining Lending Club’s board of directors. Similar to other P2P… Read More