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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?
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"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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