4 ms·

It's kind of amazing how much optimism there was just an hour ago regarding SVB's position.

• kgwgk 4y ago
  « literally no one saw this coming a couple of [hours] ago. »
  • dylan604 4y ago
    are you quoting something from a couple of days ago?
    • kgwgk 4y ago
      https://news.ycombinator.com/item?id=35096247 https://news.ycombinator.com/item?id=35096247 (I'm needlessly mean, I know.)
• johnbellone 4y ago
  There's a strong correlation here to people who have deposits in SVB. This was all but certain yesterday.
• treis 4y ago
  What are you talking about? Pretty much everyone I've seen has called this a bank run and said to get your money out since SVB announced they were trying to raise money. Techcrunch called the announcement shooting yourself in the foot.
  • fidgewidge 4y ago
    Read the other threads. https://news.ycombinator.com/item?id=35088919 https://news.ycombinator.com/item?id=35088919 "SVB is our bank, I got in touch with a member of the senior team there and got the following message to share. (My own interpretation is I'm comfortable and I'm not planning to pursue it further at the moment)"
    • treis 4y ago
      I see one person saying that and a bunch of other people telling them why they're wrong