Russia’s Target Ventures opens office in San Francisco, invests $13 million in P2P lending platform Prosper
In a new illustration of the invest-abroad trend among Russian investors, Target Ventures announced last month the opening of an office in San Francisco. The fund’s first US investment went to Prosper, a leading US peer-to-peer lending marketplace, which received $13 million, as reported by Russian tech blog Rusbase. “The Russian market isn’t big enough,” the fund’s managing partner Mikhail Lobanov …