4 ms·
There's a difference between "at risk" and doomed and Thiel at the least accelerated things to the latter. Something probably could have been worked out with a
by sidibe 4y ago
There's a difference between "at risk" and doomed and Thiel at the least accelerated things to the latter. Something probably could have been worked out with a little bit of cooperation instead of screaming fire, but I think he likes chaos and this helps his startups by damaging competitors. I'm sure we'll find out a lot more in the future about the timing of things and whether he was really reacting to urgent problems or just creating them.
- deleted 4y ago[deleted]
- ayewo 4y agoNot sure I follow. SVB engaged in risky behavior by taking decisions that ultimately put customer deposits at risk. If they were genuinely solvent, their business would have been completely impervious to all sorts of rumours (whether true or false).