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Ask HN: Should I be moving startup capital from SVB to Mercury or Brex?

• downrightmike 4y ago
  Get a real bank and stop worrying. There are other things to think about, don't waste cycles.
  • mateo- 4y ago
    "A real bank" like SVB?
• mutant 4y ago
  Apparently we just switched to Mercury AND Brex. I guess we're diversifying. Brex is offering bridge financing. https://www.brex.com/svb-emergency-line https://www.brex.com/svb-emergency-line
• simonblack 4y ago
  "oh ..... a bit late on that one, Charlie. I'll bet that smarts." - 'Please Mr Custer' - https://www.youtube.com/watch?v=fe0q8Lq3L2Q https://www.youtube.com/watch?v=fe0q8Lq3L2Q
• mateo- 4y ago
  their sweep accounts are FDIC insured up to $1m. So like mutant said, if you open an account with both, you're possibly insured up to $2m
  • mateo- 4y ago
    oh Brex just announced $2.25M FDIC insurance.