Re:Yellen says government will help SVB depositors but rules...
by prepend on Sunday March 12, 2023 @03:50PM
(#35125298)
Businesses owned by rich people.
I don’t think we should punish the rich for being rich. But we should reward the rich for being stupid (ie, not managing cash risk).
These companies with cash flow issues have rich investors. YC and other VCs. They have ways to deal with this loss in the private sector. Or they can go out of business.
I don’t think we should punish the rich for being rich. But we should reward the rich for being stupid (ie, not managing cash risk).
These companies with cash flow issues have rich investors. YC and other VCs. They have ways to deal with this loss in the private sector. Or they can go out of business.