Startups aren't investing their money. They are drawing on it for payroll. | Hacker News

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		danans on March 13, 2023 \| parent \| context \| favorite \| on: Joint statement by the Department of the Treasury,... Startups aren't investing their money. They are drawing on it for payroll.

tome on March 13, 2023 [–]

Sure, and T-Bills are easy to draw on for payroll. It's basically the most liquid market in existence.

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