Re:Ask HN: How is the SVB situation affecting your startup?
by bloppe on Friday March 10, 2023 @03:33PM
(#35100572)
You say blindingly fancy words. I say important difference.
You say basic fact. I say oversimplification.
We can argue about the semantics of the word "broke", but the difference here is between losing all your money vs. having to take out a loan now that you're pretty much guaranteed to be able to repay when your bonds mature and only losing the interest payments on that loan.
You say basic fact. I say oversimplification.
We can argue about the semantics of the word "broke", but the difference here is between losing all your money vs. having to take out a loan now that you're pretty much guaranteed to be able to repay when your bonds mature and only losing the interest payments on that loan.