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sigmartoday at 5:35 AM1 replyview on HN

okay. you realize USDC can be swapped to other currencies in minutes? Do you think Y comb expects founders to just hold the USDC permanently?


Replies

jszymborskitoday at 5:49 AM

I've never raised money, but I'd imagine that's the expectation. Seems personally pretty insane to dump your company's runway into highly volatilr and purely speculative assets which might lose 10% in a single day.