3 ms·
I would be happy to support a bailout of SVB in exchange for some reasonable concessions to American taxpayers. 1) Skin in the game - GPs of YC / a16z / Sequoi
by hendzen 4y ago
I would be happy to support a bailout of SVB in exchange for some reasonable concessions to American taxpayers.
1) Skin in the game - GPs of YC / a16z / Sequoia / Founders Fund / etc put in some equity in to a joint venture to acquire SVB's assets and make depositors whole. Government will backstop some portion of it.
2) YC / a16z / Sequoia / Founders Fund / etc agree to support ending the carried interest tax exemption
- muzz 4y agoMany people would would support this, however what's being proposed is a pure money grab of taxpayers money