Challenges in Early Automobile Financing
Billy Durant shares the difficulties he faced in raising money for an early automobile conglomerate in Michigan. He highlights the challenges of obtaining funding from New York capitalists and the contrasting experiences of the Dodge brothers, who were able to make quick decisions due to their existing wealth. Gain insights into the complexities of financing in the automobile industry during this informative chapter.In this clip
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Founders
#120 Billy Durant (Creator of General Motors)
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