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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by CyanBird on Sunday March 12, 2023 @11:47PM (#35130751)
> expect every startup to run

Yes

It is the most basic of business tenets to do risk assessment on strategic company decisions to reduce exposure to risk

I am sorry you are offended by the fact that I look down on you for your lack of business competence. I used to expect better of people managing hundreds of millions of usd in capital, but I guess not

It is due time for Silicon Valley to face some financial discipline

[ Parent | on HN ]
Re:Joint Statement by the Department of the Treasury, Federa... by phailhaus on Tuesday March 14, 2023 @12:54AM (#35147600)
> I am sorry you are offended by the fact that I look down on you for your lack of business competence.

This is such a weird thing to say, you know that right? I wasn't even talking to you.

[ Parent | on HN ]