Michael Margolies (born July 4, 1958) is an American entrepreneur, investor, and businessman. He is the founder and CEO of the bespoke private equity firm, Littlebanc Advisors, LLC, and likes to invest in old world, enduring types of business. His holdings include logistics, firearms, and deathcare. Margolies was instrumental in the early funding, institutionalization and subsequent exits of companies, such as LBMH: Liberator Medical, LMLP:LML Payments Systems, Inc., PLPM: Planet Payment, Inc.. Margolies participated in the A round for Acorns, which has gone on to raise approximately $100 million in venture capital funding. As of August 2019, notable investors in Acorns included Jennifer Lopez, Alex Rodriguez, Bono, Ashton Kutcher and Kevin Durant as well as institutions such as PayPal, Bl