tag:blogger.com,1999:blog-235433516644980443.post5641027162301382084..comments2024-03-27T05:08:10.195-04:00Comments on Jeff For Banks: Shark Tank: Bankers' EditionJeff Marsicohttp://www.blogger.com/profile/12153599647481141591noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-235433516644980443.post-28031956190277072962012-11-27T19:43:48.845-05:002012-11-27T19:43:48.845-05:00Next time we occupy the same space we should have ...Next time we occupy the same space we should have a beer and discuss further.David Gerbinohttps://www.blogger.com/profile/16582273033896954219noreply@blogger.comtag:blogger.com,1999:blog-235433516644980443.post-58798094511252121122012-11-27T11:52:20.059-05:002012-11-27T11:52:20.059-05:00Dave,
I wholeheartedly agree! And don't forge...Dave,<br /><br />I wholeheartedly agree! And don't forget these in-community startups will have local employees, and vendors that provide them products and services.<br /><br />One other objection that a banker may pose: One way to "take out" an angel investor is a bank loan once the business has a successful operating history. The angel fund sponsoring bank may not be able to do that loan if the purpose is taking out the angel fund. But I'm not certain of this.<br /><br />However, it would be short sighted to not seed new ventures for this reason. The bank's community, and therefore the bank, would greatly benefit from a successful company in their backyard.<br /><br />Thanks for the comment!<br /><br />~ JeffJeff Marsicohttps://www.blogger.com/profile/12153599647481141591noreply@blogger.comtag:blogger.com,1999:blog-235433516644980443.post-42187478791805112812012-11-27T05:53:24.074-05:002012-11-27T05:53:24.074-05:00Jeff,
I always wondered why Community Banks did n...Jeff,<br /><br />I always wondered why Community Banks did not take a more active role in providing venture capital for startups much like you describe. In simple terms it seems feasible and if successful these new companies would eventually require traditional bank loans for their ongoing operations.<br /><br />@dmgerbinoDavid Gerbinohttps://www.blogger.com/profile/16582273033896954219noreply@blogger.com