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Entrepreneurs used to start banks knowing they were building a lasting institution. Banks have survived hundreds of years, through hardships like depression an
by applecore 13y ago
Entrepreneurs used to start banks knowing they were building a lasting institution.
Banks have survived hundreds of years, through hardships like depression and war, long after their founders were all gone.
Now the business model is "shop around for a buyer if your growth isn't high enough in the first five years."
Kind of sad.