Re:Bank Run at Silicon Valley Bank
by leoh on Friday March 10, 2023 @01:24AM
(#35091076)
To be fair, he is dealing with a slightly more sophisticated clientele than the masses that typically make a run on a bank who would (hopefully) realize that their shared success is contingent upon rational, pareto-optimal behavior; which is to say — if folks make a run on SV Bank, it’s pretty much going to be a shit show as to who comes out on top/who doesn’t.
[ Parent
| on HN ]
I agree and said something similar elsewhere but i think whats becoming clear is that a bunch of VCs are so selfish (and clearly not that thoughtful) that this behavior might undermine the collective of the bank.
Why would the clientele be slightly more sophisticated?