Quote:
Originally Posted by DBasher
The question I've got for you, GW, do you believe enough to invest in the industry? The owners I've met have all been doctors and lawyers, they're not involved on the daily operations, just the financing behind it all. I imagine it's like your condo investments. Just curios.
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I looked into this early on. There were several opportunities to invest in venture Capital funds that were funding start ups.... typical was a 100K investment for accredited investors.
The reasons that keep me out of this type investment is -- it's typically HUGE gains for the super early investors.... but my feeling is that once the FEDS allow this stuff to be sold nationally and with BANKING..... the big terbacky boys will be totally involved and steam roll everyone else. They have the marketing and the distribution and on and on.
I don't know that is what is going to happen - but it seems "logical" to me that they'd jump in with both feet.