🚩 David Friedberg & David Sacks on the Gravity of the SVB Collapse “This is basically a Lehman-sized event for Silicon Valley…Unless the Fed steps in here over the weekend, we’re going to see potentially a run on the regional banking system — a cascade like we saw in... 2008.” david friedberg David Sacks The All-In Podcastshow more

Full Podcast:

It's kinda funny that the guy who ran Lehman is the SAME guy who runs SVB

NO BAILOUTS!!!!!

Tax payers have had enough, no bail outs!

@DavidSacks Why should they get bailed out? Everything the besties said on this pod was publicly available information over the last year. The bank wasn’t hiding how they were deploying the deposited funds. If these companies chose to leave they’re money in it, that’s on them!

So now big tech will swallow up little tech, like Walmart pushed little mom and pop shops out with COVID, all thanks to big gov, it’s all part of the plan, folks!!

Lehman was levered 40-1, SVB 3-1

@DavidSacks Rep - socialize loss and privatize gains, Dems - socialize all. non-investor class always screwed. If SVB gets bailed then shame on republicans. where is the moral high ground? As a rep and immigrant NO MORE BAILOUTS for banks or student loans. STOP REWARDING BAD BEHAVIOR

@DavidSacks Massive overreaction. This was a liquidity crunch. All depositors will be made 100% whole.