Ask HN: How significant would the collapse of SVB be on SV startups?
For context, here’s one investors opinion:
>> “Government intervention should be considered,” warned billionaire investor Bill Ackman on Thursday. “SVB could destroy an important long-term driver of the economy as VC-backed companies rely on SVB for loans and holding their operating cash. If private capital can’t provide a solution, a highly dilutive Government-preferred bailout should be considered.”
Source:
https://www.asiamarkets.com/million-dollar-svb-stock-trade/