> What financial advice was that? That SVB was a good bank for Startups to use? It was the recommended bank by our Merchant Provider Stripe.
> Sure it’s easy to identify poor choices after the fact.
My reply was purely in the context of that question. You yourself asked further advise here.
> Who do we hire to plan and manage this process to ensure we have adequate cash flow?
I did not, you had just assumed we followed some poor financial advice for having chosen SVB in the first place:
> I think you were following some very poor financial advice.
Which I asked you to clarify as we never sought any financial advice. SVB was chosen because it was recommended to use for Startups.
> You yourself asked further advise here. > Who do we hire to plan and manage this process to ensure we have adequate cash flow?
I never asked this, nor would I ever dutifully seek the financial advice from random internet commentators who's become experts at predicting bank failures after the fact.
> Which I asked you to clarify as we never sought any financial advice. SVB was chosen because it was recommended to use for Startups.
Right. And what I'm saying is not that the bad advice was using SVB. Of course you can't predict which bank is going to fail. That's kinda my whole point.
When I said I thought you got some poor financial advice, I was assuming you had a financial person who put your money in this vulnerable position. Which I guess wasn't the product of poor advice but of getting no advice at all.