by David Langlieb | Nov 10, 2023 | Uncategorized
By David Langlieb Consider the following hypothetical – I own a casino with a custom-made roulette wheel that has 50 pockets on it, numbered 1 through 50. I offer you this opportunity: ‘invest’ a million dollars with me on a single spin, and if the ball lands on any...
by David Langlieb | Oct 10, 2023 | Uncategorized
By David Langlieb As Reinhold Niebuhr’s serenity prayer advises, it is wise to accept the things we cannot change. The rub is that what can’t change is often unclear. At the Philadelphia Accelerator Fund (PAF), we’ve spent many restless hours contemplating Niebuhr’s...
by David Langlieb | 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 David Langlieb | 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 David Langlieb | 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 David Langlieb | 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...
