Daily Archives: December 13, 2012

Richard Waters

The internet consumer loans company Lending Club has certainly attracted some big names to its board: former Morgan Stanley boss John Mack, internet analyst-turned venture capitalist Mary Meeker – and now Larry Summers, a former US Treasury secretary.

It’s all a sign that the barriers to consumer finance are crumbling for a new wave of start-ups, Mr Summers tells us. 

Paul Taylor

Crowdfunding is by now a well established route for startups to raise the capital they need to develop, manufacture and market a new product.

But Olive Media, a seven-year-old San Francisco-based company whose high performance audio servers are a favourite among audiophiles, has adopted the crowdfunding model to launch the Olive ONE, which it claims is the first all-in-one high definition (HD) music player. 

Animalsnap

Parents spend about $100 downloading an average of 27.2 apps for their children each year. Many would prefer these to be educational, with good privacy policies and no advertising. New apps from Nosy Crow, Oxford University Press and Jajdo offer some safe options for small tablet users.