from Hacker News

Ask HN: Should I be moving startup capital from SVB to Mercury or Brex?

by stickyNotes188 on 3/10/23, 2:59 PM with 6 comments

• by mutant on 3/10/23, 11:31 PM

  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

• by simonblack on 3/11/23, 1:25 AM

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

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

• by mateo- on 3/12/23, 5:54 PM

  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

• by downrightmike on 3/10/23, 3:56 PM

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