Are you affected by Silicon Valley Bank or USDC?
It was defunct as of March 10, 2023 USDC was depegged
Longed usdc at 0.9 and happy to wait a bit for good arbitrage gain.
The options should be "yes" and "not yet". Impact will follow in some time.
No the point is that many of us are saying “I’m not going to be impacted”.
Affected = yes. Will find out Monday if I’m getting my money and how much of it.
You had over 250k in the bank?
I’m affected but not worried. Should I be? Possibly. Don’t care though. I’ve seen much bigger losses.
Yes... Unfortunately. Asset management fuck up made 8500 lose their jobs
How was morale these last few weeks? Did this whole thing catch everyone at SVB by surprise? Or was it a slow death that everyone knew was coming?
99% of us didn't know. risk management team and pr team dropped the ball
My startup says they can make payroll this month, but yet to be seen if the rest of their assets are retrievable. I just started there three weeks ago... 🤬
No im not stupid
does that imply most startups are stupid?
@eiOL92 Why stupid?