Founder David Berkal has a background as both an entrepreneur and as a traditional investor. But his time as an investor left him disheartened by the short-term mentality of many of these firms. Owners were often choosing between two bad options: selling to a competitor who was looking to drive profit by cutting costs, or to a traditional investment firm, who would resell the business a few years down the road. Banyan’s idea was to offer a third option.
David raised capital from a world-class group of entrepreneurs aligned on a vision of a permanent holding company for great software businesses. As a private company, Banyan can look beyond quarterly earnings and focus on doing the right things over the long-term.
Sign up to view 13 direct reports
Get started