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A comment on Changes at YC. Parent comment

Re:Changes at YC by rftyuikdjhgvcf on Tuesday March 14, 2023 @03:39AM (#35148408)
they knew about SVB beforehand.
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Re:Changes at YC by astrange on Tuesday March 14, 2023 @07:00AM (#35149633)
You can't know about a bank run beforehand. It dies when it dies, it's kind of a surprise that way.

(Being insolvent isn't actually enough to kill a bank as long as the run doesn't start. Of course, here the bank dies when the regulator decides it dies anyway.)

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Re:Changes at YC by latchkey on Tuesday March 14, 2023 @01:54PM (#35155560)
> You can't know about a bank run beforehand.

Explain the selling of stock by the executives then.

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Re:Changes at YC by astrange on Tuesday March 14, 2023 @03:42PM (#35157251)
They didn't know there would be a bank run either. They weren't working off private information, you could read their financial statements too.

…but that's not enough to make a bank fail, it's just bad news for shareholders.

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Re:Changes at YC by dang on Tuesday March 14, 2023 @02:13PM (#35155974)
See what I mean?
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