Deep Dives21 min read
Negative Balance Management for Marketplaces
Marketplace deficits are a payments liability problem, not something you can explain away after launch. They hit finance, ops, and engineering at the same time, because someone still has to absorb the loss, stop more money from leaving, and reconcile the ledger cleanly. This piece treats marketplace negative balance management as an operating discipline: who is liable, how recovery works, and which controls you can actually enforce.
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