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Wall Street Doesn’t ‘Get’ Online Lending … Yet. (Renaud Laplanche, CEO, Lending Club)

Vjeran Pavic for Re/code

Lending Club CEO Renaud Laplanche talks with Kara Swisher about why his online marketplace company’s stock has been slipping for two years and is currently at half its IPO share price. Plus: Why the venture capitalist honeymoon with private financial tech companies might be ending and why Laplanche is bracing for a general market downturn.

This article originally appeared on Recode.net.