Interesting Encounters – Why should a bank make a loan to a company that brewed burnt coffee?

Clark also related the story of getting a call to go visit a coffee shop that was needing funding, “We went down to their store and I thought that the coffee tasted burnt and I didn’t see anyway that they were going to be able to get people to pay the $3/cup that they were charging. As you’ve probably guessed, I turned down Howard Schultz of Starbucks Coffee for a loan.”

Jack Schultz

Full Story: http://boomtownusa.blogspot.com/2007/03/interesting-encounters.html