Lessons from the Mittelstand: Financing with Patient Capital

A talk with Prof. Dr. Bernd Venohr, Professor of Strategic Management, Berlin School of Economics

The independence of the non-profit community banking system in Germany provides “patient capital” to midsize companies. Venohr explains here the role of the German banking system in financing midmarket companies.

Why Is This Relevant To The Midmarket: 

Financing with patient capital is a cornerstone of the Mittelstand made possible by its community banking system, which may serve as model for building infrastructure in the U.S. for its midmarket.

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