Please Note:
This profile was automatically generated using 5 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 5 references found on the Internet. This information has not been verified. Learn more...
Web References
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1. Welcome To VirtualBank
marino.virtualbank.com/about_u - [Cached]Published on: 1/10/2004 Last Visited: 8/11/2004
However, the company chose to partner with Rabobank International, a large, established bank based in Utrecht, Netherlands, because of its size and track record, according to Tor Boswick, vice president of Foodtrader.
"We wanted to go with a bank that could handle very large transactions," Boswick said. -
2. Food Trader - > Information:
www.foodtrader.net/information - [Cached]Published on: 3/27/2000 Last Visited: 9/18/2001
Business-to-business is what the Internet was made for , said Tor Boswick , business development director for Foodtrader.com , based on Coral Way in Miami. Transactions are large enough that you can build some margin into it , which you can't do with compact discs or posters or baseball cards..
Foodtrader.com is an online market for buyers and sellers of bulk agricultural products. The company charges a commission - between 3 and 5 percent depending upon the transactional value - for deals completed using the Web site. Both parties remain anonymous until the terms of the transaction are agreed upon. Foodtrader.com verifies the credibility of both the buyers and sellers.
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Aside from advertising and marketing , the 40-person company has already opened offices in Argentina , Chile , Peru and North Carolina , with immediate plans to open a location in Europe and Asia. The next step is to build a good business , really , said Boswick , who was an investment banker for nine years before joining Foodtrader.com in May 1999. Then you have a number of options : raise more money , go public , bring in partners.. Everybody in this market talks about the Initial Public Offering. We hope to have a quality business underneath us before we consider the next step..
To understand the market potential , consider that U.S. online retail sales are projected to reach $184 billion in 2004. That same year , North American b-to-b transactions should total nearly $2.8 trillion. -
3. Food Trader - > Information:
www.foodtrader.com/information - [Cached]Published on: 3/27/2000 Last Visited: 8/27/2003
"Business-to-business is what the Internet was made for," said Tor Boswick, business development director for Foodtrader.com , based on Coral Way in Miami.
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Aside from advertising and marketing, the 40-person company has already opened offices in Argentina, Chile, Peru and North Carolina, with immediate plans to open a location in Europe and Asia."The next step is to build a good business, really," said Boswick, who was an investment banker for nine years before joining Foodtrader.com in May 1999.

