3 ms·
For business banking, you want a bank that understands your business. SVB was in the first rank of banks that understood startups. Many startups aren't particu
by NordSteve 4y ago
For business banking, you want a bank that understands your business. SVB was in the first rank of banks that understood startups.
Many startups aren't particularly sophisticated financially and just kept their capital in cash in the bank.
- hef19898 4y agoWhat did James Ray say again about FTX? Something along the lines of "a group of highly unsophiscated people"? Man, the CFOs of the affected start-ups should all look for a new job. By the way, preventing things like that is something a good MBA does.