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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. When the Taxpayer Relief Act of 1997 passed, the top capital gains tax rate was lowered, providing yet another incentive for equity speculators to pour money into the fledgling internet industry. I remember being at a Bank CEO Network event in Denver when CEO’s learned of this knowledge nugget.

FDIC 78
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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

million for its P2P lending platform for small businesses. Alt-lender focused on lending against existing automobile titles. P2P real estate lending marketplace. Peer-to-peer lending marketplace. HQ: Denver, Colorado. Tags: SMB, lending, P2P, peer-to-peer, underwriting, credit, investing, Finovate alum.

Company 12
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Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

Online payment service. Lending marketplace for small businesses. HQ: Denver, Colorado. Online insurance broker. Self-employment tax payments. Tags: SMB, payments, tax prep, accounting. HQ: Shenzen, China. Source: Crunchbase. Latest round: $15 million Series B. Total raised: $15 million. Latest round: $14.75

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242 Startup Failure Post-Mortems

CB Insights

Doorman says it will no longer accept incoming shipments after September 29th and that those who use their Doorman address for online shipments should update their information. “We Raptr, the online optimization platform founded by former pro gamer Dennis “Thresh” Fong a decade ago, is about to be shuttered. Product: Raptr.

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