Re:Where do startups store millions of dollars of capital?
by johnrgrace on Saturday September 22, 2012 @12:48PM
(#4558288)
Just about everywhere you can store money without much risk today has very low yields. In general, if getting an entra 0.5% yield on your cash is really meaningful, you should have millions of dollars laying around.
I know of a regional credit union offers 1% interest on business checking accounts with over $1mm which is pretty good compared to rolling T-Bills.
I know of a regional credit union offers 1% interest on business checking accounts with over $1mm which is pretty good compared to rolling T-Bills.