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SIVB closed by regulators - make no mistake this bank has tentacles that reach out to many businesses and poses many questions
Zero hedge has a good write up of the kinds of crap that's coming to the tech sector over the next week or two. https://www.zerohedge.com/markets/expect-mass-layoffs-real-world-impact-svbs-failure
"JPow got his f**king debt crisis alright"
It's mostly based on this twitter thread I shared with Matt an hour or so ago. https://twitter.com/bhargreaves/status/1634244961800429599
$SIVB closure & receivership is going to have a massive impact on the tech ecosystem. SVB was not just a dominant player in tech but were highly integrated in some nontraditional ways. A few things we'll see in the coming days / weeks...— Brad Hargreaves (@bhargreaves) March 10, 2023
$SIVB closure & receivership is going to have a massive impact on the tech ecosystem. SVB was not just a dominant player in tech but were highly integrated in some nontraditional ways. A few things we'll see in the coming days / weeks...
Unbelievable -- I used to work there -- led their public relations back in the hey day of the late 90's, early 2000.
Crazy. The VC market is screwed for a while. It was already bad simply because of higher rates. Now it's cataclysmic. On a related note - In the absence of SIVB, I'm prepared to lend money to profitable VC's starting at 30% APR (for highly qualified borrowers).
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SIVB closed by regulators -
Posted by steve on 10th of Mar 2023 at 12:02 pm
SIVB closed by regulators - make no mistake this bank has tentacles that reach out to many businesses and poses many questions
Zero hedge has a good
Posted by James_Roe on 10th of Mar 2023 at 01:45 pm
Zero hedge has a good write up of the kinds of crap that's coming to the tech sector over the next week or two.
https://www.zerohedge.com/markets/expect-mass-layoffs-real-world-impact-svbs-failure
zerohedge.com
"Expect Mass Layoffs..." - The Real-World Impact Of SVB's Failure | ZeroHedge
"JPow got his f**king debt crisis alright"
It's mostly based on this
Posted by James_Roe on 10th of Mar 2023 at 01:46 pm
It's mostly based on this twitter thread I shared with Matt an hour or so ago.
https://twitter.com/bhargreaves/status/1634244961800429599
Unbelievable -- I used to
Posted by dgrandey on 10th of Mar 2023 at 01:06 pm
Unbelievable -- I used to work there -- led their public relations back in the hey day of the late 90's, early 2000.
Crazy. The VC market is
Posted by DigiNomad on 10th of Mar 2023 at 12:06 pm
Crazy. The VC market is screwed for a while. It was already bad simply because of higher rates. Now it's cataclysmic.
On a related note - In the absence of SIVB, I'm prepared to lend money to profitable VC's starting at 30% APR (for highly qualified borrowers).