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1. Jorge Caballero, MD (datadrivenmd@fedified.com)'s status on Sunday, 12-Mar-2023 16:42:36 JST Jorge Caballero, MD

   The winners are the VCs that are taking pitch meetings and operating as normal. The losers are the VCs demanding a bailout. Don't let the latter group make taxpayers the losers, again.

   #SVB

   • Aral Balkan repeated this.
   • Jorge Caballero, MD (datadrivenmd@fedified.com)'s status on Sunday, 12-Mar-2023 16:42:12 JST Jorge Caballero, MD

     in reply to

     If I were in Congress, I'd try to get myself on every Sunday Morning show to point out that Trump's deregulation directly contributed to 2 train derailments and the failure of the 16th largest bank in the country. And that his minions in Congress are trying to make the American economy collapse just like #SVB collapsed: by dolling out money to billionaires instead of paying the bills.

     Aral Balkan repeated this.
   • Jorge Caballero, MD (datadrivenmd@fedified.com)'s status on Sunday, 12-Mar-2023 16:42:37 JST Jorge Caballero, MD

     in reply to

     Expect a lot of down rounds in the coming weeks and months as the surviving VCs take advantage of panicked entrepreneurs to extract ridiculous concessions from founders. Expect a flurry of sub-unicorn acquisitions, underwhelming IPOs, SPACs that are DOA— VCs at "founder-friendly" firms will bully their portfolio companies to exit in a last-ditch attempt to remain solvent.

     #SVB fallout