Category Archives: online marketplace

Jennifer Garner’s baby food company Once Upon a Farm raises $20M Series B

CAVU Venture Partners has led the $20 million Series B for Once Upon a Farm, which sells organic, cold-pressed baby food in 8,500 grocery stores in the U.S. The Berkeley-based startup was originally founded in 2015 by serial entrepreneurs Cassandra Curtis and Ari Raz. Today, it lists actress Jennifer Garner and former General Mills president John Foraker as co-founders, too. Both Garner and Foraker — who was the chief executive officer of the popular organic mac & cheese brand Annie’s Homegrown for more than a decade — joined the […]

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Understanding Renaud Laplanche’s next Upgraded act

Renaud Laplanche spent ten years building LendingClub. In the process, he created an industry from scratch. Circumventing conventional banking channels for consumer credit began in 1996 when Chris Larsen started E-LOAN, which ultimately led to Prosper Marketplace. But LendingClub, which Laplanche founded in 2007, was and remains the poster child for the business of marketplace lending. The industry’s short history has been volatile, characterized by both triumphant hype and utter lack of confidence. History of the Marketplace Lending Industry, CB Insights While LendingClub has struggled in the […]

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