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> future dividend payments may be made to uninsured depositors "may" If they get their get their money back it only reinforces the bad choices here. Let them
by cirrus3 4y ago
> future dividend payments may be made to uninsured depositors
"may"
If they get their get their money back it only reinforces the bad choices here. Let them fail. The world doesn't really need these the vast majority of these YC trinket startups anyway.
- htag 4y agoAre you mad companies that deposited money into a bank are likely to be able to withdrawal that money?
- n42 4y agoMany of these companies are life sciences/biotech companies doing research that could or does save lives. This isn’t just a bunch of Snapchat filters, it’s the future of American innovation. Of course there’s a load of bullshit “high risk investments”, but there’s a lot of very important work that should not be thrown out with the bathwater. Wiping out 60% of American startups at once could forfeit our lead in tech and set this country back decades, and for what? Because you think it’s funny?