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I have an idea. The startup depositors are made whole in exchange for the FDIC receiving shares in the company that dilute the VCs in an amount depending on co
by fallingknife 4y ago
I have an idea. The startup depositors are made whole in exchange for the FDIC receiving shares in the company that dilute the VCs in an amount depending on company valuation and balance lost. This way you bail out the small business and make the VCs pay.
- ashwagary 4y agoIt would be safer for all if the FDIC sticks to what it does best and doesn't take on additional risk outside its mandate as a favor to irresponsible businesses.