2min chapter

Animal Spirits Podcast cover image

Talk Your Book: Startups in a Crisis

Animal Spirits Podcast

CHAPTER

Silicon Valley Bank in Trouble

A lot of these companies that might have millions of dollars sitting in a bank just had no cash management strategy whatsoever. Now it's not only top of mind for founders, but VCs and their eternal quest to add value are doing all sorts of things to mandate certain cash management strategies. Have a lot of your idle cash in T-Bills. These are what some investors are recommending. They're saying keep $250k out of checking account, for example, to stay under the FDIC insurance eligibility. There are cool products out there now that have enhanced FDIC coverage as well through sweep networks.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode