That's Capital

A friend of mine called last week. He hadn’t been in touch for a bit. Apparently, he had fallen in love with a woman he only sees on weekends. He's in New York. She's in Chicago. When he's not with her, all he does is think about her. “It’s amazing how powerful a hold she has,” he told me. “I’m out having beer with friends and all I can do is wonder what she’s doing when I’m not around. I catch a scent of a perfume that reminds me of her and I’m completely undone.” A magazine sales guy whose... Read more →

Link: It's Like Lending to a Friend, Except You'll Get Interest - New York Times. As described in today's Bob Tedeschi New York Times' column, Prosper.com takes elements of web-based social networks and banks to lend people money. It does this by acting as a middle-man between those who need money and the funding source, in this case individuals who want a place to put their money that gets a better return than offered by traditional banks... and don't like the risk of the stock market. Blending eBay, Friendster, and also a bit of Paypal, it lets people looking to... Read more →