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Re:Ask HN: How is the SVB situation affecting your startup? by jtarud on Friday March 10, 2023 @10:41AM (#35095773)
I think this thread will have tons of views from people in the startup world that are likely to be SVB customers. If we all agree to not do run in the bank, it will improve chances for SVB to make it through the next few days.

I'll start with committing not to withdraw money my company(Koombea) holds in the bank.

We stand by SVB.

I invite others to do the same.

Re:Ask HN: How is the SVB situation affecting your startup? by huhneverthot on Friday March 10, 2023 @10:57AM (#35096019)
Oh man I actually laughed out loud at this. I don't think your HN comment is going to do anything in the face of the classic prisoner's dilemma.
Re:Ask HN: How is the SVB situation affecting your startup? by brian_cloutier on Friday March 10, 2023 @11:25AM (#35096527)
Prisoner's dilemma is a situation where you're only playing the game once, and you have no way to interact with the other participant.

To the extent that this is a single bank run and the other actors are mostly anonymous and there is no way to verify whether or not someone has withdrawn their money then yeah this is a classic prisoner's dilemma and your only hope is to quickly get in line.

However, trying to change the game is also a viable strategy! Public non-anonymized commitments like this are exactly how you tie this into our broader iterated game and escape the nasty equilibrium of prisoner's dilemma.

Re:Ask HN: How is the SVB situation affecting your startup? by mrelectric on Friday March 10, 2023 @11:19AM (#35096417)
I wouldn't share my company name in this context.
Re:Ask HN: How is the SVB situation affecting your startup? by disgruntledphd2 on Friday March 10, 2023 @06:18PM (#35102677)
Oh wow, I only saw the [redacted] version. Probably for the best.
Re:Ask HN: How is the SVB situation affecting your startup? by PakistaniDenzel on Saturday March 11, 2023 @04:49PM (#35113141)
it's trivial to figure out the company from his username + bio though..
Re:Ask HN: How is the SVB situation affecting your startup? by whitemary on Friday March 10, 2023 @11:24AM (#35096502)
And you people think socialists are naive? You should probably delete the company name, for your own good.
Re:Ask HN: How is the SVB situation affecting your startup? by greenie_beans on Friday March 10, 2023 @12:17PM (#35097538)
this comment will be legendary.
Re:Ask HN: How is the SVB situation affecting your startup? by nscalf on Friday March 10, 2023 @01:50PM (#35099103)
Oof, absolutely terrible idea. The first priority always has to be making sure your business survives. You’re doing a disservice to your investors and employees.
Re:Ask HN: How is the SVB situation affecting your startup? by orf on Friday March 10, 2023 @03:46PM (#35100776)
I guess it’s kind of sweet and innocent to have such faith that a group of disparate people would act against their own self interest for only a nebulous future “common good” outcome, and that would be sparked by a comment on an internet forum.

Makes me feel kind of jaded to be honest. But maybe that’s the problem with society. Maybe we all just need to band together and not be swallowed by despair. Screw it - I also pledge to not withdraw any of my 0$ from SVB.

Re:Ask HN: How is the SVB situation affecting your startup? by henly on Friday March 10, 2023 @05:12PM (#35101927)
How sweet of you, Brian.

I pledge to not take out another loan.

Re:Ask HN: How is the SVB situation affecting your startup? by mrbukkake on Friday March 10, 2023 @04:00PM (#35100963)
pinkwojakscreaming.png
Re:Ask HN: How is the SVB situation affecting your startup? by baggot on Friday March 10, 2023 @05:09PM (#35101888)
Bobodancing.png
Re:Ask HN: How is the SVB situation affecting your startup? by confidantlake on Friday March 10, 2023 @04:33PM (#35101412)
This did not age well.
Re:Ask HN: How is the SVB situation affecting your startup? by sergiomattei on Friday March 10, 2023 @06:10PM (#35102588)
RIP