Jul
25
Banker to the Queen Hunts U.K. Startups for Risk-Hungry Clients
By-
Coutts, RBS’s 326-year-old private bank, uses investment club
- Wealthy investors want to meet entrepreneurs, not just invest
When British entrepreneur James Dean decided to raise money for his tech startup this year, he did what company founders usually do — he talked to venture capitalists. Yet Dean disliked what he heard, so he sought an alternative. He didn’t choose equity crowd-funding or peer-to-peer loans. Instead, Dean turned to Coutts & Co.
As a 326-year-old private bank that caters to Britain’s ultra-rich and counts Queen Elizabeth II as a client, Coutts may not be the first name that jumps to mind as a tech disruptor. The firm, after all, still requires its male employees to wear neckties when meeting with clients…
Banker to the Queen Hunts U.K. Startups for Risk-Hungry Clients
