Richard Stumpf

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Last quote by Richard Stumpf

It's really one of those tough scenarios with no good answers. It happens all the time here. Farming 2,000 acres ... asset-rich, cash-poor. And the options are limited, quite frankly. The bank is in the business of collecting interest, not foreclosing on collateral. Selling the business or some of the ground that you don't want to sell can be the only way to survive. You don't want to go the way of angel investors, because you know you're giving away a whole lot more than you're getting. It's a shame when that happens with a viable business.feedback
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Apr 27 2017
Richard Stumpf has most recently been quoted in an article called Musk's 'out of cash' dilemma many business founders love to share. Richard Stumpf said, “They will do whatever they can to keep the business alive.”. Richard Stumpf has been quoted a grand total of 5 times in 3 articles.
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Quotes by Richard Stumpf

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