Liz Gannes

Recent Posts by Liz Gannes

Peter Thiel Leads $20M Round for ZestFinance’s Big-Data Underwriting

ZestFinance, which analyzes data to help get loans to people with bad credit, has raised $20 million in Series C funding led by Peter Thiel. The 65-person, Los Angeles-based company, which previously made its own loans but now works with partners, said it is lowering default rates and cutting the cost of credit by crunching data on borrowers.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus