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That wasn’t the point: they can be as happy as they like about making payroll today, but they’ll be screwed when their customers don’t make their invoices tomor
by jen20 4y ago
That wasn’t the point: they can be as happy as they like about making payroll today, but they’ll be screwed when their customers don’t make their invoices tomorrow.
- hn_throwaway_99 4y agoMy point is that not all of their customers were also SVB clients. It's faulty logic to assume that everyone's screwed because one bank failed.