lukestein’s avatarlukestein’s Twitter Archive—№ 15,534

    1. “If they moved any of their millions out of the bank—even temporarily—they’d be breaching a contract that required them to bank exclusively with SVB; they’d also lose access to $4M that the bank had committed to lend them. If SVB went under, this would be irrelevant.” @jon_fischer/1636716444397314048
      Permalink On twitter.com Twitter logo lukestein’s avatar ❤️ 4 Favorites Mood -1 🙁
  1. …in reply to @lukestein
    Terms “superior to anything they could find elsewhere… made it a no-brainer, even though… Smalls had to agree to move all its money accumulated from venture capital and product sales from other banks into SVB and exclusively use SVB credit cards and accounts from there on out.”
    oh my god twitter doesn’t include alt text from images in their APIoh my god twitter doesn’t include alt text from images in their API
    On twitter.com Twitter logo lukestein’s avatar Mood +1 🙂