[ericpauley]

There is a straightforward hierarchy of cash management techniques that safely handles large sums of money. If Boglehead retirees can figure it out then why can't startups?

Deposit sweep cash management accounts offer FDIC sweeps up to ~3M (note that this is not just abusing some technicality, it reduces systemic risk by diversifying investments. The whole point of the FDIC is to prevent bank runs in the first place). Money markets provide short-term exposure to treasuries beyond that. In the 25M range, companies should absolutely be expected to manage purchases of treasuries. Again, if Bogleheads can figure it out for individual retirement savings then why can't businesses?

[polygamous_bat]

> If Boglehead retirees can figure it out then why can't startups?

Because every dollar spent on keeping your investors' dollar safe is a dollar not spent on moving fast and breaking things. /s