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Big VC, Tech Got Backstop for Billions
Bloomberg Businessweek
Sequoia and the Financial Crisis
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The amount of money that they had at these banks, right? You know that there's only a certain amount in short. So, I'm always kind of like, why would you do this? I don't know. Well, imagine how many banks they would have to put it in if they only put 250 grand in. But I just think it's kind of, you are potentially putting yourself in a vulnerable.
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