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Comment by dmix

Indeed. Which is what has diluted this conversation so heavily. Everyone wants to point at the tech Startups using SVB for boring banking as the why (and the "I told you VC was a bubble") instead of the 2008 style wall St gambling the bankers engaged in using tech startup money. The VCs might be responsible for the bank run but they aren't why the bank made stupid mortgage investments and ultimately failed.
parent dmix 3 years ago

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