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Lending against talent, with Joel Frisch (Prodigy Finance)

Lending against talent, with Joel Frisch (Prodigy Finance)

FromHow to Lend Money to Strangers


Lending against talent, with Joel Frisch (Prodigy Finance)

FromHow to Lend Money to Strangers

ratings:
Length:
32 minutes
Released:
Dec 16, 2021
Format:
Podcast episode

Description

Back of the envelope, according to Poets and Quants, a Harvard MBA will set you back $130,000 per year once you've added in all the extra costs, maybe knocked down to $100,000 if you get yourself a scholarship.That's already a lot of money if you're an up-and-coming American executive, but it is it even more if you're living and working in the developing world.One hundred thousand dollars is R1.6 million back in South Africa, which is pretty much what I got earlier this year for selling my two-bed/ two-bath house in the financial district. In India, it's 6 times what a Google search tells me is the average annual salary of a data scientist.The rewards are worth it, but that level of outlay is simply unattainable for the vast majority of people. This is, of course, where a student loan would normally fit in, but how many Indian lenders are going to give that much money to someone they know is leaving the country? Probably none. How many South African lenders? Well, actually, at least one, sort of, Prodigy Finance is headquartered in London but with two out of three founders being countrymen of mine, I feel like I can round that one up.In this episode of HTLMTS I speak to Joel Frisch, Prodigy's Head of Global Acquisition, about investing in talent and lending to international students for world-leading post grad studies.Because the hardest thing about getting into Harvard should be getting into Harvard, not getting approved for a loan.You can learn more about Prodigy Finance at https://prodigyfinance.com/You can learn more about myself, Brendan le Grange, on my LinkedIn page If you have any feedback, questions, or if you would like to participate in the show, please feel free to reach out to me at brendan@howtolendmoneytostrangers.showA full written transcript with timestamps can be found on HowtoLendMoneytoStrangers.ShowYou can also find my pulpy action-adventure novels in all their formats on Amazon Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
Released:
Dec 16, 2021
Format:
Podcast episode

Titles in the series (100)

A podcast about lending in all its forms and in all the markets in which it takes place, however diverse those markets may be. In fact, it’s a case of ‘the more diverse the better’ with guests from Manila to Moscow, from Mumbai to Madrid, and from Shenzen to Chicago.I am the host, Brendan le Grange, and I have spent the last twenty years working in - or alongside - lenders across Africa, Asia, and Europe and I’ll be using that experience to find and learn from industry insiders in a series of weekly interviews.Sometimes, those interviews discuss the inspiration behind a new start-up, sometimes they look back at a career spent at the lending coal face, and sometimes they explore where the latest technologies might take us. In the end, if it shapes a lending decision, we’ll talk about how.You can join us every Thursday here, or wherever you prefer to find your podcasts. And you can find written transcripts and more content can be found at www.HowToLendMoneytoStrangers.show Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.