npub15qwuf8njm934yju6pcxns9g9gjsmjlu94dkt3w54wpjjgz9zmjds3n3p2z (npub15qw…3p2z) why is this so odd to people? This bank is 40 years old. Not ancient, but that’s no predictor of stability, but it’s not like they’re swindling people.
The problem is likely a bunch of VCs and later stage investors pouring poison in the ears of startup leaders (or outright commanding them) and rallying everyone into a run on the bank. When your customers are all startups beholden to investors, you’re fucked if the investors say get out.
Jason Petersen /
npub18q…qtfns
2023-03-11 00:58:52
in reply to nevent1q…xf96
Author Public Key
npub18q7fwqkecejxzuf8g2eh78vnklfqz65jz4c7rk04mnp9rarrx85spqtfnsPublished at
2023-03-11 00:58:52Event JSON
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"content": "#[0] why is this so odd to people? This bank is 40 years old. Not ancient, but that’s no predictor of stability, but it’s not like they’re swindling people.\n\nThe problem is likely a bunch of VCs and later stage investors pouring poison in the ears of startup leaders (or outright commanding them) and rallying everyone into a run on the bank. When your customers are all startups beholden to investors, you’re fucked if the investors say get out.",
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}