Sunday, March 15, 2009

The New World Order

So I met someone recently who says they have a line on funding from non-traditional sources, these sources apparently are not especially interested in being repaid. In a world turned upside down the allure of a new way of doing things is very attractive. Unfortunately I remain hopelessly traditional, believing that people who have money and want to deploy it want it to come back to them at some point in the future preferably with a return attached. But, hey I am intrigued by the concept of a new form of equity and debt, especially in a form that doesn't need to be repaid--it would make the underwriting a lot easier.

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