The Cash isn’t stuck.
The Cash is gone.
Bye Bye.
You’re probably correct
And here I was thinking about buying a Roku for the TV 📺
Their cash was withdrawn last Thursday. I guess the Roku guys were on Spring Break.
The Cash is gone. Bye Bye.
At least until Uncle Sugar and his brother Uncle Joe say “Don’t worry, we’ve got your back.”
A failure like this will ripple through lots of high-tech companies then ripple to all of their customers. It can be a massive drag on the economy and threaten stability. The government will step in and “fix” this like they’ve done so many times before. Count on it.
The cash is not “gone”. That is the good news for Roku.
But—the bad news is even worse.
They need to stay afloat until the cash arrives—and that could be many months—maybe even years—until the liquidation of the bank is settled.
Can they do it?
We will see.