(Replying to PARENT post)

Which is what businesses should have used instead of putting hundred of millions in a bank. Banks can't magically change economics. Money markets were created exactly for this purpose. This should have been taught to every founder by every VC.

👤bravo22🕑2y🔼0🗨️0

(Replying to PARENT post)

(Being serious) should banks as we know them even exist, then? Maybe having them fill a role as an intermediary makes sense, but now that we can securitize loans, why does opaquely connecting short-term lenders directly with long-term borrowers make sense?

👤dehrmann🕑2y🔼0🗨️0