Kyle Doherty’s Post

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Managing Director

Founders, after this stressful week it's important to get cash management right. Together with B Capital , GGV Capital, Greylock, Kleiner Perkins, Mayfield Fund, we at General Catalyst have put together Founder Considerations for a Cash Management Policy. Please spread within your founder communities. In particular, be mindful that with a significant amount of capital movement this past week, we will likely experience an uptick in fraud. Make sure to implement appropriate process to protect yourself. https://lnkd.in/gKzTpjXy

Founder Considerations for Cash Management Policy

Founder Considerations for Cash Management Policy

docs.google.com

Sasha Orloff

CEO of Puzzle and host of the Turpentine Finance podcast. YC, ODF, Village Global alumni.

1y

Love this. No pressure, but if you wanted to add a free resource for early-stage founders who want a tool that tracks their cash and FDIC coverage in real-time? https://puzzle.io/blog/puzzle-launches-free-monitoring-of-your-cash-and-fdic-coverage

Good call out on fraud risk -- I wrote a specific post on that the other day. Link here for those interested https://www.linkedin.com/feed/update/urn:li:activity:7041950587302674432?utm_source=share&utm_medium=member_android

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Reed McBride

Strategic Partnerships, Ecosystem, and Incubation @ Carta | Start-up Investor

1y

Thanks for sharing! One addition—make sure your cash management / investment policy doesn’t allow you to blow QSBS eligibility.

Thanks for your leadership, Kyle.

Remarkable that new standard advice is 2-3 banks for safety.

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Minal Mehta

I Help Ambitious Tech Leaders Build Dream Careers 🚀 💗 | Prev. Product Management Executive at Google, VC-backed Founder (I've been in your shoes) | Work 10+ hours less weekly - and achieve more, eliminate overwhelm

1y

thanks for sharing Kyle Doherty!

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Jake Edsell

Durango TurnKey Services Co- Founder | Startup Advisor & Investor

1y

Thanks Kyle!

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