[shkkmo]

There is no reason companies can't make payroll next week besides incompetence. The insured balanced will be available Monday and additional dividends on uninsured balances will land by the end of the week.

There is not indication in this article that sellers will not get paid, but those payments be delayed by a week or two as things get sorted.

It SVB causes some companies to go bankrupt, they were in a precarious financial position already and did a bad job of managing their risks.

While I would support some legislative effort to support customers of tech companies that ate hurt by this collapse, bailing those tech companies out is not the way to do that.

[mikekij]

Incorrect. I have friends with $500k payroll deposits due at noon Monday. Fdic has made no guarantees that they’ll have access to a sufficiently large amount to cover.

[shkkmo]

And they can't get a bridge loan from Brex or some other financial institution? They also can't delay part of those payroll deposits a couple of days until later in the week when the uninsured partial dividends get paid?