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Looks like some VCs came together after all. This would be too much of a loss to the startup community.

hardstartuperon Joint statement by the Department of the Treasury, Federal Reserve, and FDIC

Well said

hardstartuperon FDIC Establishes Signature Bridge Bank, N.A., As Successor to Signature Bank

Wall Street — not taxpayers — will pay for the SVB and Signature deposit relief plans

https://www.cnbc.com/2023/03/13/wall-street-not-taxpayers-wi...

hardstartuperon Venture Capital Statement of Support for SVB

That's great to hear but where were some of them spreading a different message on Thursday?! $42B was withdrawn on Thursday from SVB! SVB on it it's own, some VCs and some startups just killed their own circle of support.

https://www.bloomberg.com/news/articles/2023-03-11/svb-depos...

hardstartuperon Joint statement by the Department of the Treasury, Federal Reserve, and FDIC

$42B was withdrawn from SVB on Thursday. That's a lot of $$$ in one day. No wonder this collapsed. CRO/CEO should be held accountable, including their poor messaging that started this. So should anyone who was spreading the panic including some VCs and startups.