Need a Funder or Vendor? START HERE

Results 1 to 10 of 10
  1. #1

    OnDeck JPMorgan Chase Deal Validates Worlds Can Co-Exist


  2. #2
    Senior Member Reputation points: 99426
    Join Date
    Sep 2012
    Location
    New York, NY
    Posts
    1,780

    ONDK stock had a nice pop this morning!

  3. #3

  4. #4
    Veteran Reputation points: 134971 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,174

    Looks like Goldman is getting ready to get back into the MCA game

  5. #5
    Senior Member Reputation points: 32550 Funder Mark's Avatar
    Join Date
    Sep 2014
    Location
    NYC
    Posts
    1,437

    Quote Originally Posted by Chambo View Post
    Looks like Goldman is getting ready to get back into the MCA game
    When were they in it? If I remember, Abe and Meir said in their interview that at one point they were approached by them, but that is the only story I heard about Goldman being involved at all in our industry.

    Of course I could be wrong, would like to know the full story.

  6. #6
    Veteran Reputation points: 134971 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,174

    They were originally involved (as a LOC provider) to Rapid, Fast Capital, and a couple others back in the day

  7. #7
    Veteran Reputation points: 134971 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,174

    Raffi Boghosian used to walk around bragging about the Rapid/Goldman connection to anyone who was in earshot

  8. #8
    Senior Member Reputation points: 10944
    Join Date
    Oct 2013
    Location
    New York, NY
    Posts
    1,203

    Quote Originally Posted by Chambo View Post
    They were originally involved (as a LOC provider) to Rapid, Fast Capital, and a couple others back in the day
    The same way that Patriot something Group was for MCC? At least that was the rumor.

  9. #9
    Veteran Reputation points: 134971 Chambo's Avatar
    Join Date
    Sep 2012
    Location
    New York City
    Posts
    3,174

    Quote Originally Posted by AndyYSCISOdept View Post
    The same way that Patriot something Group was for MCC? At least that was the rumor.
    and don't forget Comvest, who took over the bankrupt Cynergy. You remember that meeting Andy, right?

  10. #10
    Senior Member Reputation points: 10944
    Join Date
    Oct 2013
    Location
    New York, NY
    Posts
    1,203

    Quote Originally Posted by Chambo View Post
    and don't forget Comvest, who took over the bankrupt Cynergy. You remember that meeting Andy, right?
    Yes, I remember a lot of uncomfortable looks around the room. How'd that turn out?

Similar Threads

  1. Replies: 9
    Last Post: 05-04-2016, 10:58 AM
  2. Ondeck and Chase
    By Zach in forum Merchant Cash Advance
    Replies: 31
    Last Post: 12-04-2015, 03:09 PM
  3. ONdeck declining deal and later approve inhouse ??
    By omegafund in forum Merchant Cash Advance
    Replies: 7
    Last Post: 09-23-2014, 07:29 AM
  4. Non-UCC Leads - Do they exist?
    By Quickfunder in forum Merchant Cash Advance
    Replies: 8
    Last Post: 07-02-2014, 08:59 PM
  5. Replies: 1
    Last Post: 05-09-2014, 03:45 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

BoA launches business loan marketplace
Quickbooks adds new LOC product
Dext Capital upsizes corp note


DIRECTORY