The P2P Lending Experiment: Lending Club Surpasses $1B In Personal Loans, Hits Profitability

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http://techcrunch.com – Last night at Bloomberg’s San Francisco headquarters, Kleiner Perkins partner Mary Meeker took to the stage to deliver one of her famed presentations on the prevailing trends in the tech ecosystem. It was a somewhat unexpected mid-year update, which elaborated on her annual report published earlier this summer, and discussed the continuing strength of mobile, the skyrocketing adoption of Android phones and iPads, among other things. Josh has the full breakdown here. However, buried under the buzz over Meeker’s trends report was an announcement from Lending Club that is worth some i (IT news)