What other banks that startups use have an exemption to Basel III? Would love to... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

npunt on March 11, 2023 | parent | context | favorite | on: The collapse of SVB exposes the largest crack in t...

What other banks that startups use have an exemption to Basel III? Would love to understand broader risk to startup ecosystem.

ta1243 on March 11, 2023 [–]

Why would a startup use a risky bank?

Scoundreller on March 11, 2023 | [–]

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.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact