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Managing your cash reserves | Startup Finance Basics w/ Kruze's Scott Orn | E1644
This Week in Startups
Is Lehman Selling Auction Rate Securities?
"My old horror story used to be auction rate securities in 2008 through 2010," he says. "I remember personally talking to like 10 or 15 companies 9 months ago, who had been kind of hold that if they put their money at BlockFi." And now we have a brand new example with all this FTX meltdown and hedge funds having to close,. God knows how many startups have money at some of these places.
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