|
|
|
|
|
by frobozz
4557 days ago
|
|
From the three Fs? From a customer who wanted some playground equipment? From a crowdfunded philanthropic project that wanted to build some playgrounds? By saving up their income from previous jobs before making a go of a new company? Basically, from the same places that the manufacturer gets their money from in order to pay dividends to the investors. Investment banking is _a_ lubricant of industry, not _the_ lubricant, certainly not the fuel. |
|
Do you think that crowdfunding has replaced needing to raise capital through the legacy process of initial public offerings and also that companies that use investment bankers to not seek out a merger or acquisition of another company don't serve a purpose?
What do you think you just need millions to expand and walk into the bank or go to kickstarter?