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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Lots of people who work at startups like SVB are doing so to put food on the table for their families; not all are rich techbros. [/quote] Also being a rich techbro is okay. [/quote] So bailing out rich techbro with public money because they ignored FDIC insurance limits is okay?[/quote] Bailing out a bank so that employees of startups that bank with SVB can eat next week is okay.[/quote] That was never a risk. They already had a plan for the $250k + dividend against current assets. Unless that weeks payroll needed more than 80% of their assets on Monday, nobody was missing a meal or a paycheck. You really believed that payroll story??[/quote]
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