Naval / @naval on Nostr: Startups who got their money out can put their first 50K into FDIC backed accounts or ...
Startups who got their money out can put their first 50K into FDIC backed accounts or M into (Insured Cash Sweep) accounts.
Rest can go into
https://treasurydirect.gov or BTC / ETH if comfortable with crypto risk.
No point in taking bank risk until the Fed steps in.
Published at
2023-03-11 11:45:12Event JSON
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"content": "Startups who got their money out can put their first 50K into FDIC backed accounts or M into (Insured Cash Sweep) accounts. \n\nRest can go into https://treasurydirect.gov or BTC / ETH if comfortable with crypto risk.\n\nNo point in taking bank risk until the Fed steps in.",
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