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How is this good? This means companies will fail and employees won’t get paid through essentially no fault of their own?
by Ancalagon 4y ago
How is this good? This means companies will fail and employees won’t get paid through essentially no fault of their own?
- esotericimpl 4y ago[dead]
- ilyt 4y agoTeaching companies lesson about diversifying their finances is probably worth few startups going down (...which they might anyway). VS robbing taxpayers for another private corporation mistake
- wellthisisgreat 4y agoBusinesses with more than 250k in the account should have diversified. Employees are at no fault of course but so are tax payers. YC companies that have been exposed so badly through this are probably non-essential. My company is also exposed and we will suffer, because we were stupid but luckily not complete morons
- kazen44 4y agowelcome to a capitalistic economy in which the free market reigns supreme. This is part of a healthy economic market according to market economic theory.
- deleted 4y ago[deleted]
- deleted 4y ago[deleted]