I mean if you put $20MM into an account with only $250k of insurance you miiiiig... | Hacker News

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		adamsmith143 on March 10, 2023 \| parent \| context \| favorite \| on: SVB in talks to sell itself after attempts to rais... I mean if you put $20MM into an account with only $250k of insurance you miiiiight deserve to go out of business.

jefftk on March 10, 2023 [–]

There are a lot of things that can kill a startup, and founders need to prioritize between them. Bank failures are rare enough that I wouldn't be surprised if many otherwise-good startups had not considered them to be a risk worth focusing on.

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