Author Topic: How does Default status work?  (Read 22016 times)


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How does Default status work?
« Reply #60 on: February 24, 2016, 04:38:15 PM »
I disagree. It's not credit risk if it's passed through to another entity.  And the Uber example was used on purpose, to illustrate how boxes are hard to define in a lot of these companies.  And I also disagree there is no network effects. In my mind the question is degree and how valuable are they. To assume every relationship is completely independent of another seems strange. Investors want loans and borrowers want to be funded. There are network forces on both of these variables. But who knows their strength or "moat".  I'm more confident on my belief about them not being a lender than on network effects, however

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