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Ask HN: Should I be moving startup capital from SVB to Mercury or Brex?
4 points by stickyNotes188 on March 10, 2023 | hide | past | favorite | 6 comments


Apparently we just switched to Mercury AND Brex. I guess we're diversifying. Brex is offering bridge financing. https://www.brex.com/svb-emergency-line


"oh ..... a bit late on that one, Charlie. I'll bet that smarts."

- 'Please Mr Custer' - https://www.youtube.com/watch?v=fe0q8Lq3L2Q


their sweep accounts are FDIC insured up to $1m. So like mutant said, if you open an account with both, you're possibly insured up to $2m


oh Brex just announced $2.25M FDIC insurance.


Get a real bank and stop worrying. There are other things to think about, don't waste cycles.


"A real bank" like SVB?




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