Re:SVB lobbied the government to relax some Dodd-Frank provi...
by fwlr on Sunday March 12, 2023 @03:07AM
(#35117574)
I’d argue the real lesson here is that startups with VC money can’t afford to treat their bank account as a black-boxed third party API. Hire a risk-averse financial analyst as CFO early on and task them with the responsibility of making your financial holdings bulletproof to as many different economic shocks as possible.
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