2 ms·
Not disagreeing with the badness of the take but > SVB investors were wiped out 100%, this includes most of the net worth of the leadership team. The CEO's ba
by __alexs 4y ago
Not disagreeing with the badness of the take but
> SVB investors were wiped out 100%, this includes most of the net worth of the leadership team.
The CEO's base pay is >$1m/year in cash and he's sold over $40m in SVB stock since 2018 https://www.secform4.com/insider-trading/1259867.htm https://www.secform4.com/insider-trading/1259867.htm I can't see how this would wipe out his net worth.