4 ms·
If SVB's activity can be described as "yield chasing", there is no way clients, whatever their actions were, deserve more blame than the management.
by ashwagary 4y ago
If SVB's activity can be described as "yield chasing", there is no way clients, whatever their actions were, deserve more blame than the management.
- brookst 4y agoEh, if “clients” and “management” were totally distinct, I’d agree. My understanding, and I’d welcome correction from those more knowledgeable, is that the SVB was hardly independent from the VC powerhouses.