On: Joint statement by the Department of the Treasury,...

[jimnotgym]

Hang on, companies with over 250k on deposit should be, or be engaging finance experts. YC should have finance experts.

[thesimon → jimnotgym]

If lots of millionaires were losing money, everyone would say that the should have known better and had finance experts help them manage their money.

But somehow the same doesn't hold true for companies.

[hellojesus → thesimon]

Especially considering the government disallows people that aren't "qualified investors" from investing in specific asset classes entirely because people that don't meet that threshold are just too stupid to participate.