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> It would be great if VCs would provide simple cash management services to their fledgling investments, though. It was dirt simple to just use IntraFi. You j
by mlyle 4y ago
> It would be great if VCs would provide simple cash management services to their fledgling investments, though.
It was dirt simple to just use IntraFi. You just say you want it, and sign the form. If you want a little more interest income, you do some cash flow planning and check the box for laddering.
- wrs 4y agoYou do have to know it exists, though. Remember the CFO at this hypothetical startup is probably really good at Python, not treasury management. And later on if you need something like a revolving AR credit line, you can’t use your IntraFi balance to collateraize that.