tag:blogger.com,1999:blog-2807403883562053852.post4379764271048228523..comments2024-03-27T08:40:31.785-06:00Comments on Clayton Cramer.: So Glad I Do Not Work in Software AnymoreClayton Cramerhttp://www.blogger.com/profile/03258083387204776812noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2807403883562053852.post-11345170134757181812023-03-28T21:50:53.100-06:002023-03-28T21:50:53.100-06:00It was reported that one of the requirements of th...It was reported that one of the requirements of the funding for a startup (most of them were done through SVB) was that all banking transactions HAD to be done through SVB. So, any/all moneys from the "angels" were kept in that bank. Willhttps://www.blogger.com/profile/00722792638246578812noreply@blogger.comtag:blogger.com,1999:blog-2807403883562053852.post-10790895271579318642023-03-17T21:08:15.430-06:002023-03-17T21:08:15.430-06:00Who keeps that kind of cash in bank accounts? Even...Who keeps that kind of cash in bank accounts? Even businesses with expenses shouldn't have cash lying around not earning much of anything, unless they are so solvent they don't care about the loss. Recurring, predictable expenses such as salaries? These people needed to lose their money.Tom Bridgelandhttps://www.blogger.com/profile/13098048586042365606noreply@blogger.comtag:blogger.com,1999:blog-2807403883562053852.post-23622629309386010892023-03-13T12:07:59.591-06:002023-03-13T12:07:59.591-06:00Apparently the Fed is covering both SVB and Signat...Apparently the Fed is covering both SVB and Signature.<br /><br />Such largess can only go on for so long though<br /><br />Who is third?Fidelhttps://www.blogger.com/profile/14623013337654868540noreply@blogger.com