Chris Larsen


Chris Larsen News

  • Fortress-Linked Pantera Said to Invest in Top Bitcoin Exchange

    Pantera Capital Management LP, the hedge fund that manages money for Fortress Investment Group LLC executives, invested about $10 million in Bitstamp Ltd. months before the startup emerged as the world’s dominant dollar- Bitcoin exchange, according to three people briefed on the deal.

  • EBay-Style Peer Loans Spur Wall Street Asset Craze

    On a June morning in midtown Manhattan, more than 300 investors cram into a conference room at the Convene Innovation Center, nibbling on pastries and waiting for Renaud Laplanche to take the stage. As founder and chief executive officer of LendingClub Corp., Laplanche has rock star status at this inaugural LendIt conference, where Wall Street investment managers clamor for insight into the world of peer-to-peer lending.

  • Sprint Stock Surge Lends Some Sway to MetroPCS Counterbid

    Sprint Nextel Corp.’s Dan Hesse and his board are expected to meet for the second time this year to consider whether to buy MetroPCS Communications Inc. The verdict may be different this time.

  • `Peer Lender' Asks to Be Regulated as a Bank to Escape Regulation by SEC

    Silicon Valley entrepreneur Chris Larsen started Prosper Marketplace Inc. as an alternative lender for small loans -- an online community where borrowers seeking up to $25,000 are matched with lenders who bid for their business.

  • Sprint’s Most Likely Buyer May Be CenturyLink After AT&T Deal for T-Mobile

    Sprint Nextel Corp. ’s Dan Hesse told Congress last week the third-largest U.S. wireless operator may end up being acquired if AT&T Inc. purchases T-Mobile USA Inc. The most likely buyer is CenturyLink , the biggest company in telecommunications without a wireless unit, analysts said

  • AT&T May Authorize Stock Buyback, Raise Dividend

    AT&T Inc. , the largest U.S. phone company, will probably boost its dividend and announce a share- buyback plan tomorrow as customer gains and demand for wireless data services help its cash flow, analysts’ estimates show.

  • Ripple Takes on Western Union With Deal to Grow Payments

    Ripple Labs Inc. is expanding the distribution of its digital currency and money-transfer software through an agreement with cash-transaction network ZipZap Inc., signaling the growth of alternative payment methods.

  • Sprint Names Euteneuer Finance Chief, Replacing Brust

    Sprint Nextel Corp. , the third- largest U.S. wireless carrier, named Qwest Communications International Inc. executive Joseph Euteneuer chief financial officer, replacing retiring CFO Robert Brust .

  • AT&T Raises Dividend, May Buy $8.77 Billion in Stock

    AT&T Inc. , the largest U.S. phone company, boosted its dividend for the 27th consecutive year and said it will buy back as many as 300 million shares as wireless- customer gains help its cash flow.

  • AT&T Profit Beats Estimates on Demand for IPhone

    AT&T Inc. , the largest U.S. phone company, reported second-quarter profit that beat analysts’ estimates as customers snapped up wireless devices like Apple Inc. ’s iPhone.

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