The short term loan industry have had tremendous growth through the years since it’s start in the late -90. And despite other bigger banks has fallen, the industry still stands. The fun thing about this is that it has always been labeled as very unstable and as a industry that  it wouldn’t survive for long because it’s type of customers. Still they are there, and are going to be for the future (well, that my conclusion). You can read about the rules and regulation, which probably in the long run saved many of these companies, under short term loans. And a more detailed description under short term personal loan.

The latest business trend is to develop a successful company for some years and then sell it off with double the profits. A majority of the small businesses survive by selling their products or services to the bigger names in the market. There are still a lot of major corporations that are willing to spend money on something that actually sells. For an instance, MySpace reportedly paid $20 million to a three-year old music sharing company such as iLike that had about 50 million registered users. On the other hand, MSNBC acquired the Chicago-based news-aggregator company called EveryBlock.