zt

8 ms·

31.
by zt 4y ago
The FDIC is a well-oiled machine.
32.
by zt 4y ago
My understanding is that the FDIC does have to orderly liquidate all of SVB's assets unless they find a buyer. That does mean they have to sell all their outstanding treasury and mortgage assets, they don't have the ability to hol
33.
by zt 4y ago
Every bank account is insured up to $250K. Beyond that, customers have "uninsured deposits" But the FDIC is in the process of selling all the banks assets, which nearly cover all of their outstanding deposits. No one knows how muc
34.
by zt 4y ago
You underestimate how wide spread SVB's depositor base is and who all these "tech workers" are. SVB has offices in Georgia, North Carolina, three in Texas, etc, etc. A lot of them will have trouble if payroll isn't met (
35.
by zt 4y ago
A lot of SVB's assets can be sold immediately in robust markets (e.g. treasuries)
36.
Testimony of Mr. John J. Ray III, CEO FTX Debtors [pdf](financialservices.house.gov)
2 points by zt 4y ago|0 comments
37.
The AI startup erasing call center worker accents: is it fighting bias?(theguardian.com)
3 points by zt 4y ago|2 comments
38.
Compound(withcompound.com)
4 points by zt 5y ago|0 comments
39.
Keeping Options Open(archive.withcompound.com)
2 points by zt 5y ago|0 comments
40.
by zt 5y ago
On the first line what do you mean by "The thing is that people didn't lose interest in startups. Startups lost interest in people." Or what, differently, do you want startups to do? (I"m genuinely asking, I'm curio
41.
by zt 5y ago
Look, im general I’m quite sympathetic to the argument that wealth inequity is both morally/ethically bad (which I think you’re saying) and bad economically for growth and prosperity (which I don’t read you as saying). I also think tha
42.
by zt 5y ago
This thread is somewhat depressing. Depressing because the very nature of YC and HN at its best is optimism. A belief in the ability to build and not just a respect for those who do but a genuine desire to support those trying. Maybe not su
43.
by zt 5y ago
There is a multi-thousand word article about HN in the New Yorker...so seems like covered territory: https://www.newyorker.com/news/letter-from-silicon-valley/th...
44.
Founder of Adobe Dies(apnews.com)
1 points by zt 5y ago|0 comments
45.
What embedded-finance and banking-as-a-service trends mean for banking(mckinsey.com)
1 points by zt 6y ago|0 comments
46.
‘A managerial Mephistopheles’: inside the mind of Jeff Bezos(theguardian.com)
3 points by zt 6y ago|0 comments
47.
How Discount Brokerages Make Money (2019)(kalzumeus.com)
1 points by zt 6y ago|0 comments
48.
Can only buy five shares of GME at Robinhood(twitter.com)
4 points by zt 6y ago|0 comments
49.
What We Found in Robert Caro’s Yellowed Files(nytimes.com)
1 points by zt 6y ago|0 comments
50.
Silicon Valley's Partisan Problem: People still think both parties look the same(newcomer.co)
1 points by zt 6y ago|0 comments
51.
by zt 6y ago
I don't think they compete much at all right now: Carta primarily sells software to companies to manage their cap table. They're adding financial products, but all company-facing. Compound is a product-driven financial advisor to
52.
Equity guide for employees at fast-growing companies(withcompound.com)
93 points by zt 6y ago|90 comments
53.
Guide to the IPO for employees(withcompound.com)
6 points by zt 6y ago|1 comments
54.
Erfurt Latrine Disaster(en.wikipedia.org)
3 points by zt 6y ago|0 comments
55.
“Other countries have social safety nets. The U.S. has women.”(annehelen.substack.com)
50 points by zt 6y ago|36 comments
56.
Incumbents are shaking up value chains to attract new ecosystem customers(mckinsey.com)
1 points by zt 6y ago|0 comments
57.
True Link taps $35M for financial services tailored t elderly+disabled consumers(techcrunch.com)
3 points by zt 6y ago|0 comments
58.
by zt 6y ago
Look, I know that the idea of being customer focused might seem trite, but I wanted to focus on one thing: it's the little things. "What actually differentiates stripe from the rest of the bunch though? It’s the little things.Stri
59.
by zt 6y ago
Most consulting firms (BCG, Bain, McKinsey) and accountancies (KPMG, Deloitte) have incredibly strong incentives for partners to agree to leave in their early 60s.
60.
Climate tipping points – too risky to bet against(nature.com)
2 points by zt 6y ago|0 comments

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