And another way was for VCs to step in and help saving their piggy bank. There was an easy mechanism for that - simply purchase the shares SVB was offering. B

And another way was for VCs to step in and help saving their piggy bank. There was an easy mechanism for that - simply purchase the shares SVB was offering. But no, community that claims they are going to save the world couldn’t exercise enough long-term thinking to even save their piggy bank. There should be no bailout by the Fed. This community has enough resources. If they can think long term and act together, they’ll reorganize themselves in a responsible way. If they can’t, then they deserve to fail financially and they’ll have less resources to control.