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Some startups just moved excess funds into a money market account at SVB (managed by e.g. BlackRock).. I'm not sure who is ultimately custodial of that money,
by quesera 4y ago
Some startups just moved excess funds into a money market account at SVB (managed by e.g. BlackRock)..
I'm not sure who is ultimately custodial of that money, and whether it's at risk today. My instinct is that it's at BlackRock, any idea if that's true?