4 ms·
SVB shareholders have been wiped out in this, and the prospect of that fate should motivate banks to try to avoid a similar outcome for their institutions going
by jurassic 4y ago
SVB shareholders have been wiped out in this, and the prospect of that fate should motivate banks to try to avoid a similar outcome for their institutions going forward.
- jongjong 4y agoIt depends. It's likely that some of those big SVB shareholders were also shareholders of ventures which had deposits at SVB so they got punished and bailed out at the same time... Less punishment. Maybe even profitable for them.