Re:Startups that use Silicon Valley Bank are freaking out ov...
by ashwagary on Saturday March 11, 2023 @04:57PM
(#35113201)
If SVB's activity can be described as "yield chasing", there is no way clients, whatever their actions were, deserve more blame than the management.
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Re:Startups that use Silicon Valley Bank are freaking out ov...
by brookst on Sunday March 12, 2023 @12:18AM
(#35116933)
Eh, if “clients” and “management” were totally distinct, I’d agree. My understanding, and I’d welcome correction from those more knowledgeable, is that the SVB was hardly independent from the VC powerhouses.