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No, 30% is the percent of yc companies who reported having money trapped in SVB that can’t make payroll. The question you’re responding to is asking what perce
by fairity 4y ago
No, 30% is the percent of yc companies who reported having money trapped in SVB that can’t make payroll.
The question you’re responding to is asking what percent used svb. That is unknown.
- whitemary 4y agoThat's what I said. Did you even read my comment?
- dota_fanatic 4y agoUsed SVB and cant make payroll does not equal used SVB and can make payroll (because e.g. they have cash stored in more than one bank).
- sumeno 4y agoYou're familiar with what >= means, right? The OP was saying it was at least 30%
- temp_account_32 4y agoWhy are you all so mean to each other? I can see where the confusion comes from. 2% of YC companies could use SVB and 30% of that 2% can't make payroll. Or 90% of YC companies could use SVB and 30% of those can't make payroll. That's a big difference.