Chris Larsen is the chairman and founder of E-loan and the co-founder of Prosper Marketplace. Larsen received a B.S. degree from San Francisco State University and a M.B.A. from Stanford University. In 1996 Larsen founded the Palo Alto Funding Group which later became E-Loan in 1996. In 2006 Larsen founded Prosper.com, an online auction site that allows users to lend money or borrow it from other users.