MinaSalib.eth / @MinaSalib09 (RSS Feed) on Nostr: From what I understand #SVB (https://nitter.moomoo.me/search?q=%23SVB) picked a poor ...

From what I understand #SVB (https://nitter.moomoo.me/search?q=%23SVB) picked a poor time to refinance. It wasn’t that they were lending to wildly unqualified people or were over leveraged. VCs got spooked & thought that they were in trouble & caused a bank run. Very different then #FTX (https://nitter.moomoo.me/search?q=%23FTX) who were illegally over-leveraged.

https://nitter.moomoo.me/MinaSalib09/status/1634620551682486273#m