rmets

We need business insurance in the U.S and the quotes we've got are really expensive, any recommendations? What is everyone paying annually?

In the past we've used term deposits with banks. Keep a portion of your funding in a trading account and some in a business saver. Then the rest with staggered maturities (2 mth, 4 mth, 12 mth etc), spreading it across a number of banks. Each time you have one mature you can reinvest what you don’t need immediately into a new term deposit. Just keep in mind that it can be difficult to break a term deposit (get your money back before the maturity date), so I wouldn’t invest out too far and do your research. If done well you can get between 2 and 3%. We have found this is low risk and very accessible.

It would be great to learn if anyone has trialed other options and then learn how funding gets managed with more sophisticated rounds through Series B,C,D etc?

Are there managed funds for start ups? Could be an idea :)

Should we avoid wasting our energy on this?

Any advice or feedback would be appreciated. Ryan