Will Oremus on Nostr: An industry built on risk-taking, which made mountains of money when those risks paid ...

An industry built on risk-taking, which made mountains of money when those risks paid off, has just been reminded of what happens when they don’t. And the answer, once again, is: Someone else pays the price.

My story today on Silicon Valley Bank and what it tells us about Silicon Valley: https://www.washingtonpost.com/technology/2023/03/14/tech-startups-bailout-silicon-valley-bank/