Betsy Cohen Quotes
11 quotes from Betsy Cohen — Serial banking entrepreneur who founded Jefferson Bank (later Bancorp) and multiple fintech SPACs..
“Your siblings are the only people in the world who know what it's like to have been brought up the way you were.”
“One of the best things about being an adult is the realization that you can share with your sister and still have plenty for yourself.”
“I always say that my greatest pleasure is in making something out of nothing and that is what I think I have been doing my whole life.”
“For me philosophy, law, and the kind of business that I do are all the same thing: they are problem-solving, they think about paradigms, solutions, and ways in which to approach an issue differently.”
“I gained substantial experience in the buying and selling aspects of banking, allowing me to think about the industry more strategically.”
“I wondered how banks could serve financial technology companies, and that birthed the Bancorp — a pioneer in what would become the sponsor bank framework.”
“If you only needed your telephone in order to take out the deposits, the Treasury, the Fed, the FDIC had an obligation to respond with the same alacrity. And they didn't. They didn't give, on that first round, the comfort that a solution would follow. A solution did follow. But that moment of pause, I think was a great contributor to the ultimate outflow of deposits.”
“Having a platform that had so many fintech companies on it gave me a front-row seat to what worked and what didn't.”
“One of my life's themes is reinventing myself every five years.”
“My primary motivation to enter the banking industry was to transition away from practicing law!”
“If you only needed your telephone in order to take out the deposits, the Treasury, the Fed, the FDIC had an obligation to respond with the same alacrity. And they didn't.”
