It's called an Insured Cash Sweep and most banks offer it: https://en.wikipedia.org/wiki/Insured_Cash_Sweep https://en.wikipedia.org/wiki/Insured_Cash_Sweep Th

It's called an Insured Cash Sweep and most banks offer it: https://en.wikipedia.org/wiki/Insured_Cash_Sweep https://en.wikipedia.org/wiki/Insured_Cash_Sweep The problem here is one of fiscal immaturity at startups. SVB offered ICS accounts but from what I'm seeing few startups put their money into them. My bet is that startups mature enough to have a proper CFO weren't as impacted by this mess.