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by hendzen 1192 days ago
I would be happy to support a bailout of SVB in exchange for some reasonable concessions to American taxpayers.

1) Skin in the game - GPs of YC / a16z / Sequoia / Founders Fund / etc put in some equity in to a joint venture to acquire SVB's assets and make depositors whole. Government will backstop some portion of it.

2) YC / a16z / Sequoia / Founders Fund / etc agree to support ending the carried interest tax exemption

1 comments

Many people would would support this, however what's being proposed is a pure money grab of taxpayers money