> because tech startups usually lose money at the beginning of their lives
Oh what a 2010 thing to say!
2023 startups lose money for all their lives. SVB was running a bad business banking almost exclusively to startups that have never had positive cash flow.
Oh what a 2010 thing to say!
2023 startups lose money for all their lives. SVB was running a bad business banking almost exclusively to startups that have never had positive cash flow.