4min chapter

This Week in Startups cover image

Balaji’s $1M Bitcoin bet, banking crisis update, OpenAI launches GPT-4, and Jay Trading! | E1702

This Week in Startups

CHAPTER

How to Get FDIC Insured in a Startup

The best practice is to put your money into one of the top three or four banks until this blows over. The FDIC limit just needs to be one million or two million, and then you would see how many people have under 250K in their bank account as businesses. Bologie: Bitcoin could be a catastrophist because it's being dealt with like an earthquake that has been going on for years.

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