by Gina | Aug 30, 2023 | Uncategorized
By David Langlieb Here’s a challenge I’d put some money behind: provide me with a compelling, substantive public interest-based reason—for why it takes 1,250 hours of training to become a licensed barber in the Commonwealth of Pennsylvania. Or why a Pennsylvania...
by Gina | Jul 20, 2023 | Uncategorized
By David Langlieb In 1947, renowned Philadelphia planner Ed Bacon presented a vision for the city’s future at the Better Philadelphia Exhibition, an innovative effort to engage the public in the city’s postwar development. Bacon organized the exhibition with...
by Gina | Jun 16, 2023 | Uncategorized
By David Langlieb At the Philadelphia Accelerator Fund, part of our mission is to encourage homeownership by financing affordable for-sale housing. The American tradition, at least in an aspirational sense, is to promote property ownership as a way for the citizenry...
by Gina | May 10, 2023 | Uncategorized
Eighty-Five Years Later and They Still Don’t Exist By David Langlieb Finance is a peculiar business, and we at the Philadelphia Accelerator Fund do not pretend to understand more than we do. Like most, we were surprised and unnerved by the recent Silicon Valley Bank...
by Gina | Mar 20, 2023 | Uncategorized
Written by David Langlieb Like most lenders, the Philadelphia Accelerator Fund typically requires that our borrowers personally guarantee our loans. While we don’t look forward to enforcing these personal guarantees and certainly don’t like taking borrowers to court,...
by Gina | Feb 14, 2023 | Uncategorized
Written by David Langlieb There is an apocryphal story known to students of economics which appeared some years back in the late humorist P.J. O’Rourke’s excellent book Eat the Rich—a natural scientist asks an economist to name a law of economics that is neither...
