USV Been Warning Startups Since Earlier This Year

“should only keep minimal funds in cash accounts” at the bank, one founder told us. “Do NOT accept any offers from SVB to keep your money there even if they dangle 5%”

Don’t panic, but if you’re gonna panic, better to panic first.

“Well, that was the second largest long liquidation event since the FTX collapse”

“Not a happy market tonight”

gm

JPM putting out a $600 price target in August when they claimed “Now is the time to buy SIVB”