Re:Silicon Valley Bank’s shares are tanking as a mess unfolds
by kentonv on Friday March 10, 2023 @09:43AM
(#35094851)
Raising capital and then burning it all is what most startups do. Investors put in money knowing this was the most likely outcome. The whole point of the C corp is to keep the investor money isolated from personal money.
I'm disappointed that we failed but I think it shouldn't affect our personal credit one way or the other.
I'm disappointed that we failed but I think it shouldn't affect our personal credit one way or the other.