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founders @fortyiq • babies @maggielove_ • did stuff at @yale @harvardhbs @baincapital @aztecnetwork @asylumventures • come with me if you want to live
fortyiq.com

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VC's were caught in an impossible decision:

- tell portfolio companies to keep deposits in SVB and shore up a key capital provider in the VC ecosystem

- tell them to withdraw, ensuring that same bank failure

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2023-03-11