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by dlubarov 1190 days ago
I stand corrected, though the point remains that if everyone tried to exit once that news came out on Nov 7, we still would have had a bank failure with roughly the same shortfall.
1 comments

> though the point remains that if everyone tried to exit once that news came out on Nov 7, we still would have had a bank failure with roughly the same shortfall.

True, we’d need to look at previous filings to understand when it could have first been worked out

VCs should have kept a closer eye on where their cash was, but perhaps they were too enamoured with the benefits they were getting from SVB