Anybody out there ever started or bought a bank? I’m talking like a local brick and mortar bank with tellers and cash. It’s a hell of a good business and I wanna start or buy one soon.

@commbankerguy @sweatystartup Just wait till the compliance

@nameistandy @sweatystartup Compliance costs are eating banks alive.

@commbankerguy @sweatystartup Bought several from the FDIC in the late 80’s. The last time we had a real estate bubble of this magnitude almost 400 banks failed in Texas alone.

@commbankerguy @sweatystartup Plenty of banks trading below BV, do it!

@commbankerguy @sweatystartup I was thinking about it but it ruins the chance to offer advisory services when he gets stuck in the charter process

@commbankerguy @sweatystartup The only difference is that you are actually sincere and he is perpetual clickbait.

@commbankerguy @sweatystartup On the plus side, some tellers might be pretty