gcek9

5 ms·

1. 1.▲
   by gcek9 4y ago

   Yeah, more the latter. VCFundX goes out and raises capital for a new fund, which includes PensionFundFoo as one of the LPs, and once closed, goes to SVB and says, 'hey look we have $100M in signed LP commitments for this fund we just c
2. 2.▲
   by gcek9 4y ago

   That's right. Although there is an interesting thing to consider: if you look at page 13 of the deck they shared on Wednesday[1], it says 56% of SVB's total loans are in the form of lines of credit issued to PE/VC funds, secu
3. 3.▲
   by gcek9 10y ago

   > "The pioneers of personal computers including Jobs, Kapor, Lampson, Roberts, Kaye, are all great people but I don’t think any of us will merit an entry in a history book." I don't think that will prove true for Mr. Gates
4. 4.▲
   by gcek9 10y ago

   Looks like it has been merged.
5. 5.▲
   by gcek9 10y ago

   I noticed that as well. If that's the case, it makes the reaction by Uber & Lyft seem much more reasonable. At the same time, it makes Uber & Lyft look like they did a poor job educating the public on these parts of the argumen
6. 6.▲
   by gcek9 11y ago

   You should. I've had the same problem - subconsciously re-loading a site I've recently visited, realizing there is little/no new content on the front page, getting frustrated, and diving deeper in the hope of finding new tidb