Appreciate the opportunity to converse, and I hear your perspective. I was trying let you understand why others feel very differently, if you're going to ask yourself why some may not love your industry.

> To me, this is much closer to a natural disaster

It's interesting to analyze it in this way, but this analogy runs into its own difficulties. Natural disasters are one reason why we have insurance, and subsidizing/bolstering insurance in the wrong ways often leads to moral hazard (insurance is where I believe we get the phrase). It's plainly fair to ask whether we should subsidize flood insurance in a flood plain. The benefits of FEMA disaster relief are widely shared, and are not unlimited. Private insurance pays for plenty of the costs associated with hurricanes, etc. So, this analogy is imperfect for lots of reasons, the most salient of which is, this bank failure was in no way natural. Bank failures are simply a fact of financial life.

This isn't to say your bailout/backstop is not now a fine policy. I bet you and your employees have been through what seems like hell the last few days. And you've done amazing things at your new company over a few short years. I can fully understand how you feel this way because I might feel this way too.

But IMHO what people are desirous for in public life is less entitlement, less division, and more fellowship and public spiritedness. Values which I am almost sure you share. If I was running the trade association for the SV tech industry right now, my advice would be the same to all member companies -- you need to quit navel-gazing. Your fascination with yourselves is precipitating an even worse backlash.