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From a reddit AMA (dont have the link sorry), IIRC small startups dont have enough manpower to hedge their finance and more or less discouraged to hire finance
by eunos 4y ago
From a reddit AMA (dont have the link sorry), IIRC small startups dont have enough manpower to hedge their finance and more or less discouraged to hire finance teams (just focus on your product!).
- lxgr 4y agoThere are treasury products available that do it for you, both by distributing deposits across multiple FDIC-insured banks or by buying short-term treasuries.