If anyone has been out of contact and is wondering what was going on with our stocks today

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If you made it this far, switch to this new thread. BILL just had a PR that alleviates any fears.

i am not sure bankruptcy is the right word but the general feel of it is the same and its probably just semantics… SVB became insolvent and State of California & FDIC took over.

Matt Levine had a really excellent explainer (and was hilarious, as always).
Highly recommend a read: Startup Bank Had a Startup Bank Run - Bloomberg

-muji

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