Silicon Valley Bank was particularly important to the climate-tech sector.
A scam within a scam.
They were careful, thoughtful, and willing lenders to early-stage companies
LOL.
right now our focus is securing payrolls for the Lowercarbon portfolio companies whose cash is tied up so they can keep up their planet-healing work
I just puked a little in my mouth.
SVB’s collapse “has consumed the time of every founder I know for the last 36 hours,”
Crying (youtu.be)
and the bank had to sell its assets, which had lost value
The losers in a ponzi scheme are the last ones out.
>Silicon Valley Bank was particularly important to the climate-tech sector.
A scam within a scam.
>They were careful, thoughtful, and willing lenders to early-stage companies
LOL.
>right now our focus is securing payrolls for the Lowercarbon portfolio companies whose cash is tied up so they can keep up their planet-healing work
I just puked a little in my mouth.
>SVB’s collapse “has consumed the time of every founder I know for the last 36 hours,”
[Crying](https://youtu.be/j3glwtXrj0c)
>and the bank had to sell its assets, which had lost value
The losers in a ponzi scheme are the last ones out.
(post is archived)