I feel like we are just coming over the top of the first hill of this roller coaster.
Sort of an odd feeling. Sitting here sipping coffee on a quiet Sunday morning, and thinking about how many tens of thousands, perhaps hundreds of thousands of people are in a dead panic about this situation. The vast majority of those who will be truly hurt are average Janes and Joes working at startups, paying bills, doing the American thing... but no more, as their startup will have to stop due to all of its operating cash suddenly being gone.
And what will the ripple effect be? As I look out the window down the street, I feel like I am just waiting to see the effects wash down the street like a flood.
we appreciate your willing sacrifice and selflessness fren. what type of job will you lose? directly work for the bank or a business that lost all its assets?
I am in data, if you know what that is, but I don't work for a bank but rather a company that kept every single cent in the SVB.
I know there is talks of being made whole going on so I will know this week if that is true or not. Either way, I am more than willing to be hit if it comes down to it. The world needs to change.
I feel like we are just coming over the top of the first hill of this roller coaster.
Sort of an odd feeling. Sitting here sipping coffee on a quiet Sunday morning, and thinking about how many tens of thousands, perhaps hundreds of thousands of people are in a dead panic about this situation. The vast majority of those who will be truly hurt are average Janes and Joes working at startups, paying bills, doing the American thing... but no more, as their startup will have to stop due to all of its operating cash suddenly being gone.
And what will the ripple effect be? As I look out the window down the street, I feel like I am just waiting to see the effects wash down the street like a flood.
And I sip my coffee.
I’m losing my job cause of this but I feel the same way. I say bring on the pain.
we appreciate your willing sacrifice and selflessness fren. what type of job will you lose? directly work for the bank or a business that lost all its assets?
I am in data, if you know what that is, but I don't work for a bank but rather a company that kept every single cent in the SVB.
I know there is talks of being made whole going on so I will know this week if that is true or not. Either way, I am more than willing to be hit if it comes down to it. The world needs to change.