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A comment on Ask HN: How is the SVB situation affecting your startup?. Parent comment

Re:Ask HN: How is the SVB situation affecting your startup? by dahdum on Friday March 10, 2023 @10:34AM (#35095661)
Their success is due to their tight focus though isn’t it? They’ve been around for 40 years and deeply entrenched in the VC ecosystem.

I am very curious whether their poor risk management is new, or if they’ve been playing fast and loose for much longer and only blowing up now.

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Re:Ask HN: How is the SVB situation affecting your startup? by blitzar on Friday March 10, 2023 @10:44AM (#35095846)
Since 1980 interest rates have only really ever gone down. Buying long dated bonds at X% and having to sell them a year later at X-1% actually makes you a capital gain.

Old habits die hard.

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