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> kill a bunch of startups I don't see this as a fair statement. There is a difference between killing a startup and letting it die. Zero interest-rate policy
by mcculley 4y ago
> kill a bunch of startups
I don't see this as a fair statement. There is a difference between killing a startup and letting it die.
Zero interest-rate policy allowed for the creation of investors and startups that never had to think about the realities of managing cash.
Using FDIC insurance to keep them afloat is acceptable. Anything beyond that is silly.
- shjake 4y agoIt seems that SVB had enough assets cover 80-90% of all depositors regardless if they fall under the FDIC limit or not