Whatever happened to winners and losers and risk management? Let those who failed fail, instead of arbitrarily propping them up. Those startups with good business plans and diversified banking can survive, those with good business plans and poor banking diversification can go back to their venture capitalists and plead for more funding, and they’d get it because they have a good model. Those with shitty business models should’ve been allowed to fail, instead we’ve artificially propped them up by bailing out SVB so that the champagne can continue in the Democratic Party donor tech world.
Never put all your baskets in one egg. It might be Humpty-Dumpty.......................