Urgent: Sign the petition now

The title is accurate.

Edit: the original title was correct and gave helpful context.

[flagged]

Genuinely asking: for startups who were not banking with SVB, is the recent event a good thing from a competitive standpoint?

LOL, nope. Not interested in taking another spin on the “privatize gain, socialize loss” merry-go-round.

The banks had to be saved in 2008 because they were, like, the financial system. I don’t see why private companies and funds that are much less integral to the functioning of the economy as a whole should be saved by the public fisc.

Sorry about your disruption.

Is SVB the default bank for YC companies?