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Keep it in cash! USD if you are in the US. In the bank or in T-Bills. Any angel or VC would require you to do this. Basically all serious business do this.
by simon_ 16y ago
Keep it in cash! USD if you are in the US. In the bank or in T-Bills.
Any angel or VC would require you to do this. Basically all serious business do this.
If you have a solid business with even a small chance of requiring additional investment in the future, it is crazy to be screwing around in the markets.
- cx01 16y agoI agree. The US is in a deflation and I don't think the Fed will be able to stop it. So cash should gain in value. Just make sure to put it somewhere safe, as banks may go bankrupt in a deflation and the FDIC will most likely not be able to guarantee all deposits.