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A comment on VC firms are urging founders to pull money from troubled Silicon Valley Bank. Parent comment

Re:VC firms are urging founders to pull money from troubled ... by ceejayoz on Thursday March 09, 2023 @05:41PM (#35087865)
There's an equivalent for securities, the SIPC. It's capped like FDIC insurance is, but bonds/stocks have some protection in this regard.

https://en.wikipedia.org/wiki/Securities_Investor_Protection...

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Re:VC firms are urging founders to pull money from troubled ... by shadowofneptune on Thursday March 09, 2023 @05:43PM (#35087881)
Ah, I see. Looks like it still only has a limit of 250,000 USD, which seems low for modern business. How far would that get some of these companies?
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