#svb failure

[george-rr-binks]

No one gets to argue against student debt relief or welfare ever again

[apveng]

Opinion | I Was an S.V.B. Client. I Blame the Venture Capitalists.

It started with a culture of insular self-congratulation. It ended in an avalanche.

I think I shared this already but if not.

But the screening process places significant emphasis on culture fit, which is industry-speak for whether a founder fits into the venture capital company’s full portfolio of businesses and conforms to its ideas about how a founder is supposed to look and behave. A founder’s ability to navigate this process is considered a good indicator of the company’s success. Unfortunately for women and people of color, culture fit often boils down to being a white male engineer with a degree from an elite university.

Some screening mechanisms are more subtle, like whether the V.C.s are already in your professional network or one or two degrees removed. The industry line is that relationships will help founders attract capital, talent and business partners. True, but the result is a largely homogeneous and even self-reinforcing community that’s difficult for outsiders to crack.

How the VC world is an elite echo-chamber, really. And thus, the Bank Run.

[gentlemans-code20]

#Info - Is the bank system sound?

The institutions that are deemed “too big to fail” will always be bailed out. In his book, “Conspiracy of the Rich: The 8 New Rules of Money,” Robert Kiyosaki wrote that “bailouts are the name of the game.”

[kaydub80]

That my friends, is what they call karma.

[mainulhaque]

US financial system is a Ponzi scheme. It has billions of dollars to support a war and bail out failed banks but no money to support middle class Americans with no real benefits and jobs! #SVBBailout #SVB

[its-all-down-hill]

[thatonegaytrekfan]

Saw this on facebook

[alfonsoselva]

Fallisce SVB la banca delle startup, vuoi sapere perché e quali sono i pericoli? .. Guarda il video e lo saprai. .. Io sono Alfonso Selva, Consulente Finanziario autorizzato e iscritto all'albo OCF (Organismo di vigilanza e tenuta dell'albo unico dei Consulenti Finanziari). .. Se vuoi puoi contattarmi a questi indirizzi e chiedermi una consulenza per stabilire un piano finanziario su misura per te. .. https://www.alfonsoselva.it/ [email protected] 338 3169801