Benchmark's kids fighting in the back seat
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Loan site Prosper wants everyone to know it's no Zopa. When Valley venture blog alarm:clock asked why Benchmark Capital invested in two competing loan companies, Prosper whipped up a little chart showing what it's got that its UK counterpart doesn't: collection agency options, public listings, whiter teeth and cooler toys.
Some gentle value-building seems fine, but a nine-item "Why we're better" chart? If you kids don't stop fighting, Benchmark will turn this fund right around...