Viewing entries tagged with 'Investment Capital'
Posted by Charles Brady on 26 August 2012
Money lending. Those words seem to have become dirty words these days, at least to bankers, venture capitalists and our favorite grandmothers with the deep purses and great sweet potato pie. Although Granny will still happily dish up a serving of her homemade pie, she is much more hesitant to loosen the clasp on the burlap purse.
Banks now require applicants to run 40-yard dashes in the parking lot in addition to providing DNA samples as part of the loan application process and venture capitalists are not returning calls at all these days. So where has all the money gone? When will it be back? Why did it leave in the first place?