Re:Joint Statement by the Department of the Treasury, Federa...
by dgacmu on Sunday March 12, 2023 @09:40PM
(#35129561)
Kinda. As someone who banked at SVB, I would not willing put myself, my CFO, and my director of operations through this Friday + weekend again if you handed me a million bucks. We didn't lose money but we're going to have a lot of inconvenience and we had a lot - a lot - of stress and uncertainty and spent a lot of time making contingency plans. A very high cost for a 15 person startup.
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