Thinking: the internet will crush businesses that rely on information asymmetry or opacity. Some biz models depend on occasional "bargains," like hiring a 5x dev for a 2x salary, or insuring a 5x safer driver for 1/2 the premium. These models will struggle more & more over time.
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We magically got another 30 basis points from a money market account we didn’t know existed until
@TrevMcKendrick suggested holding our money in rolling 4 week treasuries and I mentioned this idea to our bank account manager... -
was talking with some friends recently. and apparently if you push, you can get 2.X% for your startups cash in bank
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We have built Interprime where customers get the prevailing interest rate, tax benefits, and financial security of holding US treasuries without having their money locked in. And you never have to call or change your bank to sign up. DM me to learn more - https://interprime.co/
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