> VCs should have advised their founders to adopt reasonable treasury procedures. Instead, they funnelled them into an easy solution. I am in awe of how aggres

> VCs should have advised their founders to adopt reasonable treasury procedures. Instead, they funnelled them into an easy solution. I am in awe of how aggressively stupid VCs are being about this: https://twitter.com/htaneja/status/1634620603469647873?cxt=HHwWgsC-xeexq68tAAAA https://twitter.com/htaneja/status/1634620603469647873?cxt=H... Silicon Valley Bank has been a trusted and long-time partner to the venture capital industry and our founders. For forty years, it has been an important platform that played a pivotal role in serving the startup community and supporting the innovation economy in the US. The events that unfolded over the past 48 hours have been deeply disappointing and concerning. In the event that SVB were to be purchased and appropriately capitalized, we would be strongly supportive and encourage our portfolio companies to resume their banking relationship with them. In other words, they're going to keep doing the same stupid thing, more vigorously.