The government intervention was the right move. The point is how fascinating it was to see several otherwise loud Uber-libertarian SV VCs suddenly, and once ag

The government intervention was the right move. The point is how fascinating it was to see several otherwise loud Uber-libertarian SV VCs suddenly, and once again loudly, discover socialism and the necessity of government intervention when their own money was at risk. If their response to this is that, maybe there is a balance to be struck and there is an important role for government regulation, in certain cases, fair enough. And maybe the fact that people they know, who did nothing wrong still suffered, and needed the government to step in to help them, might indicate that there are substantially poorer people who may also be in a bad shape either due to no fault of their own, or due to minor misjudgments becoming magnified due to circumstances who could also do with help from the govt, such as, maybe, the homeless. But I’m not optimistic that will be the case.