Quote:
Originally Posted by RickFLM4
He’s not the only one. The irony pointed out is pretty remarkable. VCs have a lot to lose if their portfolio companies still have uninsured funds on deposit. Should be an incentive to figure out a solution this weekend. They have extensive connections to sources of capital and banks. Hopefully something more constructive is proposed than just having gov’t bear the entire burden.
Investors implore the government to step in after Silicon Valley Bank failure
https://www.cnbc.com/2023/03/11/sili...ment-aid.html? |
Bill ackman is not going to get his way under Dem run govt, nor under split govt, nor under conservative govt. He is making an ironic comment, but it is a half joke