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Welcome to the Procter Pods Office Hours.

This is the part of the show where we answer your questions about business, big tech, entrepreneurship,

and whatever else is on your mind.

If you'd like to submit a question, please email a voice recording to officehours at proftumetia.com.

Again, that's officehours at proftumetia.com.

First question.

Hi profg, this is Joel from Boulder, Colorado.

Can you share with us where medium to large companies keep their tens of millions or hundreds

of millions of cash?

And we are should smaller companies keep their hundreds of thousands or millions of dollars

of cash.

Based on the most recent news, it appears that the US government could backstop bank accounts

with balances greater than $250,000, so perhaps my concern is about where to keep cash will

become less important.

...