“Who controls the past controls the future: who controls the present controls the past,” (1984, George Orwell) The article below was published in Info, the monthly magazine of the French Chamber of Great Britain. The November issue was “Disrupt or be Disrupted” and coincided with the Disrupt or be Disrupted Conference held in London. _________________________________(…)
“The start-ups that have come to dominate the online-lending industry will now have to compete with the world’s largest private-equity firm.
B2R Holdings, a portfolio company of a Blackstone Group fund, said on Thursday that it was getting into the business of providing loans for consumer purchases of big-ticket items as well as small-businesses loans.”