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by npunt 1194 days ago
What other banks that startups use have an exemption to Basel III? Would love to understand broader risk to startup ecosystem.
1 comments

Why would a startup use a risky bank?
Given how popular this bank was with startups/tech orgs, it suggests that they were otherwise unbankable by the usual players.

I’m unsure what special services a startup needs from their bank that any other bank serving businesses couldn’t offer.