(I’m experimenting with some shorter-form, more frequent posts, after a fair bit of a hiatus here—let me know if you like the new format more or less.) I regularly talk to founders who have just raised money and ask: Ok, now what? Here are five simple steps for “managing your treasury” that will scale with you through unicorn status.
"Keep it fully within the FDIC insurance limit." Amazing how many folks *still* miss this step. You'd think SVB would've been enough of a lesson.