Barter Professionals - Where Are They Now?
It was eight years ago that venture capital funds began investing in
the commercial barter industry. Kliner Perkins put $50 million into
the Big Vine firm, under the direction of CEO Bippy Siegal. Big Vine
never got traction with the misguided game plan, and quietly moved
what assets remained...leaving the barter industry with their tail
between their legs. Today, Bippy is the founder and chairman of
Modern Bank, a New York private bank catering to wealthy
Industry titan Jack Schacht, founder of Illinois Trade Association,
sold his company to International Monetary Systems a few years ago.
Schacht has moved into the environmental arena, developing a web
site that focuses on this important area of our lives. See his site
Founder of Chicago Barter and IRTA �Hall-of-Fame� member Susan
Groenwald presently holds the position of president of Chamberlain
College of Nursing, which has campuses in St. Louis, Phoenix,
Chicago and Columbus.
In addition to opening up campuses around the country, the college (www.chamberlain.edu)
offers a bachelor�s and associate degree program in nursing, an
online bachelors degree completion, and will be launching an online
master�s program in the coming year.
Spike was named CEO of ITEX in November of 2001, and remained in
that position for a couple of years. He is now operating a
joint-venture mentoring program with marketing guru Jay Abraham.
(Abraham was on the ITEX Board of Directors when Lee was CEO.)