Using Dating Tech to Hook Up Entrepreneurs with Funding
Matchmaking technology isn't exclusive to the dating world. SourceFunding.org is using the same idea to hook up entrepreneurs with funding. The company's CEO, Michael Short, was with us to share why it's a big deal to innovate lending to small businesses.
SourceFunding.org isn't the only company looking to give small-business owners capital. Amazon is stepping up its efforts in lending recently by partnering with Bank of America. Short said his platform solves the inefficiency in small business lending by offering a common application that exposes the companies to over 14,000 potential trusted and transparent lenders.
It was reported that Amazon Lending annual rates typically range from 6% to 14%. Short said rates on his platform are very competitive to Amazon's. He emphasized transparency and pointed out that 1 in 5 small businesses apply for loans from predatory online lenders.
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Disney content has gone dark on YouTube TV, leaving subscribers of the Google-owned live streaming platform without access to major networks like ESPN and ABC. That’s because the companies have failed to reach a new licensing deal to keep Disney channels on YouTube TV. Depending on how long it lasts, the dispute could particularly impact coverage of U.S. college football matchups over the weekend — on top of other news and entertainment disruptions that have already arrived. In the meantime, YouTube TV subscribers who want to watch Disney channels could have little choice other than turning to the company’s own platforms, which come with their own price tags.
