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by WirelessGigabit
1196 days ago
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These are not small business accounts. These are businesses who took a risk, and put all their eggs in 1 basket. A small business is the donut shop down the street, owned by a woman and employs 3 kids. NONE of the SVB clients come even close to that. Startups are not small businesses. Startups take on an intrinsically large financial risk, whether funded by the founder, with his/her own money, or via VC. This is on them for not having identified this risk and/or not hedged against it. I looked at the list of signers of your petition. All CEOs. How about ya'll put in 1,000,000 of your bonus into this. Then we'll talk. |
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