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0 pointsrcme3y ago0 comments

There was interest when SVB was solvent. Right now, SVB has negative value. E.g. you'd need to buy SVB for X and then pay an additional Y to balance the books. Y is likely to be a certain percentage of deposits and could be quite large. The only groups that will be interested in SVB are likely VC funds that are worried about an SVB collapse disrupting operations at the VC's startups.

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cwkoss3y ago

For making customer deposits whole, someone will get to become an iconic bay area institution.

Not worth $20B to me, but there are dozens of vain people with billions that may disagree.

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0 pointsrcme3y ago0 comments

0 comments

cwkoss3y ago

For making customer deposits whole, someone will get to become an iconic bay area institution.

Not worth $20B to me, but there are dozens of vain people with billions that may disagree.

j / k navigate · click thread line to collapse