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SVB was considered the "standard" bank for all startups for decades so it's not surprising that YC would give the same advice. If you run a startup out of a nor
by wmf 9mo ago
SVB was considered the "standard" bank for all startups for decades so it's not surprising that YC would give the same advice. If you run a startup out of a normal bank sometimes you get weird glitches: https://mitchellh.com/writing/my-startup-banking-story https://mitchellh.com/writing/my-startup-banking-story
Of course today startups are probably using Mercury/Ramp/whatever.
- blibble 9mo agoI don't see any weird glitches there chase did what they were asked for years up to the point they were told there had fraud going on, at which point the walls went up which is entirely as to be expected