tldr: that $60M series C was actually 37M + 23M venture debt from SVB who called the loan! (That is not a rugpull, that is exactly what the venture debt contrac

tldr: that $60M series C was actually 37M + 23M venture debt from SVB who called the loan! (That is not a rugpull, that is exactly what the venture debt contract prescribes for this exact situation) Top tweet reply is Matt Levine’s take (edit: wrong matt levine) Additionally, fmr SVB employee replies: "SVB Canada’s loans were sold to National Bank who has some tech lending chops but no where close to SVB nor the flexibility."