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Traditional banks' risk models don't work well for startups. SVB was more willing to work with startups, e.g. accepting shares as collateral
by dharmab 4y ago
Traditional banks' risk models don't work well for startups. SVB was more willing to work with startups, e.g. accepting shares as collateral
- gaadd33 4y agoI don't think that's relevant to the post though. It's essentially saying that a big bank has bankers that want to check on accounts once they get large enough and he didn't understand that