5 ms·

I do wonder how many left 100% of funds in there?

• justinzollars 4y ago
  Its a risk many did not consider. Garry Tan says 30% of YC companies.
  • JohnFen 4y ago
    This is what boggles my mind. How did they not consider and hedge against this risk? Why did their advisors not raise an alarm about this?
    • justinzollars 4y ago
      Someone wasn't doing their job
  • anthomtb 4y ago
    Is this is the source of that 30% number? > 30% of YC companies exposed through SVB can’t make payroll in the next 30 days. https://twitter.com/garrytan/status/1634286688922132481?s=20 https://twitter.com/garrytan/status/1634286688922132481?s=20