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My Life's Work

The Child Prodigy Turned Founder Who Wants to Loan You Some 401(k) Cash

Lendtable CEO Sheridan Clayborne came from entrepreneurial roots, and swears his latest endeavor is not a lending scam.

By
Margaux MacColl
[email protected]Profile and archive
Photo Sheridan Clayborne. Art by Mike Sullivan.

Sheridan Clayborne is used to being the youngest person in the room. He was 15 when he got into Northwestern University, 17 when he made his first million, and 19 when he landed a job at Dropbox. Now, at 22, he’s raised $24 million for his startup, Lendtable, which helps people fulfill their employer’s 401(k) matches. Founded in 2020, Lendtable gives loans so employees can invest in their 401(k) and then makes its money by taking 20% of employers’ 401(k) match. Here, Claybourne shares his professional path, from scalping Yeezy sneakers to raising millions from SoftBank.

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