3 ms·
I completely agree with your point here, but I also don’t agree with this announced decision. There should definitely be a place for a company to hold $10M wit
by nrmitchi 4y ago
I completely agree with your point here, but I also don’t agree with this announced decision.
There should definitely be a place for a company to hold $10M without risk. Maybe $20M.
That doesn’t mean that it needs to be the same place for a company to dump $3B.
My point is that there is a lot of room between the (previous?) $250k “limit”, and the apparently new “infinity” limit.
- eropple 4y ago> There should definitely be a place for a company to hold $10M without risk. Maybe $20M. There is. It's called a T-bill. I know how to buy them, and I am not a hotshot startup CEO. I think it's okay to expect some level of maturity out of somebody handed That Kind Of Money.