News for hackers. Stuff that matters.
Re:Investor Mark Suster says a “handful” of bad actors in VC... by andy_ppp on Monday March 13, 2023 @02:41AM (#35131962)
If people stop trusting banks because of good reasons they have a right to withdraw funds.
Re:Investor Mark Suster says a “handful” of bad actors in VC... by astrange on Monday March 13, 2023 @02:48AM (#35132013)
They don't have a good reason, they have a bank run. Which they have the right to do, but now there isn't a usable startup bank anymore.
Re:Investor Mark Suster says a “handful” of bad actors in VC... by 7speter on Monday March 13, 2023 @03:31AM (#35132326)
You can manufacture seemingly good reasons
Re:Investor Mark Suster says a “handful” of bad actors in VC... by andy_ppp on Monday March 13, 2023 @04:31AM (#35132744)
Like, for example, having a vast majority of deposits from an industry that is quite unstable and rumours travel extremely fast?