Khan Academy: Finding an Idea in the Mail


Finding an Idea in the Mail: Renaud Laplanche was opening his mail when the idea for Lending Club came to him. He tells the story of seeing the opportunity and creating the online Lending Club to fill the gap in the financial industries market. Laplache’s competitive nature extends to one-man sailboat racing and he compares the risks and rewards of racing with setting 
the pace as an entrepreneur.
 

The Club

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