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An LBO of a retail bank by Andreessen Horowitz would be most awesome. Once they own a bank they could make every finance startups they invest in the primary cu
by malandrew 13y ago
An LBO of a retail bank by Andreessen Horowitz would be most awesome.
Once they own a bank they could make every finance startups they invest in the primary customers of that bank and EOL the retail side of the bank, pushing existing customers to the services offered by the companies they've invested in instead.
To ensure cooperation between all the startups in the portfolio, this could be arranged as a keiretsu, in which in a later round of funding each startup would be given a percentage ownership of the bank that is earned out like equity. Make it a 1 year cliff with 4 years vesting.