4 ms·
It's going to be a great reset for the tech startup landscape. If you can't pay your employees, your startup is going to zero. Besides founders, who is going t
by xyst 4y ago
It's going to be a great reset for the tech startup landscape. If you can't pay your employees, your startup is going to zero.
Besides founders, who is going to work for free? In this economy, I wouldn't even risk the "promise" that startups will pay up. If all or most of their assets were held in SIVB and were not able to withdraw or transfer out, then they are effectively hosed.
Good luck folks.