I mean YC and all the VCs killed SVB by causing a run on the bank. This is not the only business that VCs have harmed by spreading FUD (in many cases unfounded

I mean YC and all the VCs killed SVB by causing a run on the bank. This is not the only business that VCs have harmed by spreading FUD (in many cases unfounded or even fabricated with dubious motives), and then acting as a herd. I have tremendous sympathy for the many small startups who had nothing to do with this, but a lot less for the VCs in this case. SVB was well capitalized and while there could be losses here they should be small, especially given the FDIC shut down the bank pretty quickly. I do think the government needs to resolve the deposits fast so every involved company can figure out whether and exactly how much haircut they’ll get and get on with their business ASAP. The big mistake I think the government could easily make is to let this take months to unwind, which would unnecessarily kill businesses that could be fine even with small losses as long as they get access to their capital restored immediately.