I think they should only be allowed to require one third. That might make them lend less, but it’s a safer option for everyone when you think of the system in totality
Do you think the following might be legislated against to remove this requirement: "What many people don’t realize is the primary reason why so many startups had their cash balances with SVB is because it was a condition of their venture debt loans"?
This is literally what caused mortgage defaults in the UK in the last recession and in subsequent years regarding endowment mortgages.
I think they should only be allowed to require one third. That might make them lend less, but it’s a safer option for everyone when you think of the system in totality
Do you think the following might be legislated against to remove this requirement: "What many people don’t realize is the primary reason why so many startups had their cash balances with SVB is because it was a condition of their venture debt loans"?
This is literally what caused mortgage defaults in the UK in the last recession and in subsequent years regarding endowment mortgages.