4 ms·
It's probably a lot more money than one can put together on such short notice.
by adamnemecek 4y ago
It's probably a lot more money than one can put together on such short notice.
- jppope 4y agosure, but they made it seem like they really just need a round of payroll for their companies and stuff can get sorted out after, or did I miss something?
- radlad 4y agoThe most immediate problem is payroll, perhaps as immediate as Monday. But there's still no concrete end in sight for if and when non-FDIC insured amounts will be available.
- deleted 4y ago[deleted]
- consumer451 4y agoThis seems like a great opportunity for investors to signal to founders what type of partners they are in times of need. Zach Coelius nailed it: > I am telling all my companies that even in the worst case scenario and there is no buyer (highly unlikely), they will still get the vast majority of their money back and this just becomes a short term issue. > I, for one, certainly plan to fund my companies through this. https://twitter.com/zachcoelius/status/1634272357132165121 https://twitter.com/zachcoelius/status/1634272357132165121