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How I CEO: On taking advice as a leader

• nodesocket 3y ago
  First time seeing Mercury but been watching the business banking space from afar for awhile now (Standard Treasury (acquired by SVB), Azlo (failed), SVB (failed)). I currently run my company on American Express business checking which offers free business checking with a very modest 1.4% yield. However it's FDIC insured not a money market fund like Mercury.
  • echelon 3y ago
    I'm using Chase, which has been kind of a pain to adapt to our needs, but it's JP Morgan and won't be going anywhere.
  • readthenotes1 3y ago
    Government backed money market funds are safer if you have over $250k (well, were before SVB, now the limit is up to who you've influenced)
  • squokko 3y ago
    You can be fully insured on Mercury. They spread your money out at multiple banks.