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I can't believe we're still on day 3 and people are still arguing with the strawman that you'd have to open an account per $250k to mitigate the risk. (You need

I can't believe we're still on day 3 and people are still arguing with the strawman that you'd have to open an account per $250k to mitigate the risk. (You need to open two or three accounts total, and beyond that you're big enough to start buying your own T-Bills. And no, that doesn't mean you do that at $750k. Christ, it's a distributed systems problem, you guys should be able to figure this out.)

Me1000 4y ago
A 3 person tech startup with more than $750k is not going to buy treasures.
- tome 4y ago
  Why not? Some private individuals with $10k to invest by treasuries.
  - danans 4y ago
    Startups aren't investing their money. They are drawing on it for payroll.
    - tome 4y ago
      Sure, and T-Bills are easy to draw on for payroll. It's basically the most liquid market in existence.