Doesn't Y/C have money for these sorts of things? ... seems like a bad situation for them as well since it will wipe out a lot of their holdings
And even if it had had the cash, the cash might have been at SVB.
Zach Coelius nailed it:
> I am telling all my companies that even in the worst case scenario and there is no buyer (highly unlikely), they will still get the vast majority of their money back and this just becomes a short term issue.
> I, for one, certainly plan to fund my companies through this.
But there's still no concrete end in sight for if and when non-FDIC insured amounts will be available.