"11) ... While investments in technology will continue, the really smart VCs will realize there is a much better and more certain way to make a ton of money in

"11) ... While investments in technology will continue, the really smart VCs will realize there is a much better and more certain way to make a ton of money in the short term: start a bank. ..." I think he's right, in a way. I don't think we're talking about traditional banks, but more like a federally sanctioned micro-loan enterprise. These smaller lending facilities can be much more specialized. When I worked to get a _secured_ loan in 1995 to start a multi-media business the bank officer "didn't get it". And for that bank, it was the right choice. Mostly, I'd really just like to see something replace credit cards as my loan device. When money is near 0% and credit cards are nearing 30% (amortized daily accrual) - these "banks" would have my interest.... err, I mean, business.