Recode Decode: Renaud Laplanche, CEO, Lending Club

Decoder with Nilay Patel

Vox Media Podcast Network

Technology, Business

4.3 • 3.2K Ratings

🗓️ 28 March 2016

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Lending Club CEO Renaud Laplanche talks with Kara Swisher about the benefits of online financial services in a world that no longer needs old-fashioned bank branches. He also explains why Lending Club'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. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Today's sponsor is Audible.com, which is more than 180,000 audiobooks and spoken word
0:05.5	audio products.
0:06.5	Get a free audiobook of your choice at audible.com slash decode.
0:11.0	Today is also sponsored by SoFi.
0:13.5	SoFi is transforming the world of finance for the better.
0:15.8	They offer great loans and help their members in ways that big banks can't.
0:19.1	Visit SoFi.com that's s-o-f-i.com to learn more.
0:23.7	Terms and conditions apply at SoFi.com.
0:28.5	Recode Radio presents Recode Decode, hosted by Cara Swisher, powered by digital media.
0:35.3	Hi, I'm Cara Swisher, executive editor of Recode.
0:38.0	You may know me as the alternate voice of the Amazon Echo, but in my spare time I talk
0:42.1	tech and you're listening to Recode Decode, a podcast about tech and media's key players,
0:46.8	big ideas and how they're changing the world we live in.
0:49.5	You can subscribe to Recode Decode at iTunes.com slash Recode Decode.
0:54.1	And while you're there, leave us a review.
0:56.5	Today in the red chair we have Renault Laplache, the CEO of the Lending Club.
1:01.2	Renault grew up in France and is a former competitive sailboat racer who won the French National
1:05.8	Sailing Championships twice.
1:08.1	He founded his first company, Triple Hop, in 1999, which was acquired by Oracle in 2005.
1:14.2	In 2006, he co-founded Lending Club.
1:17.3	Welcome Renault.
1:18.3	Thank you.
	...

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