I will never not laugh that the Silicon Valley-tech-VC guys caused a bank run on themselves via group chat. - ThreadSky

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acreed.bsky.social • 100 days ago

I will never not laugh that the Silicon Valley-tech-VC guys caused a bank run on themselves via group chat.

Reposted from rev. howard arson

the last notable thing these guys did was blow up the bank all of their money was in

Comments

mithos343.bsky.social•99 days ago

They should have let it fall

annasels.bsky.social•100 days ago

After they fired the CRO, because apparently risk management wasn't important.

astridatkinson.bsky.social•99 days ago

Thiel and his chat room friends caused a bank run on Silicon Valley Bank, driving thousands of corporate customers to Brex, which he is a major investor in. It wasn't an own goal. It was a different thing.

acreed.bsky.social•99 days ago

lol. I can’t believe this is literally my most liked post ever (including my time on Twitter). I listened to this entire bank run unfold via podcasts while feeding my then 4-month old son while on paternity leave. A very surreal experience.

rowyourbot.bsky.social•99 days ago

I completely forgot about that! LOL, thanks for the reminder.

vmcf.bsky.social•99 days ago

And people are saying those same guys wanna crash the economy to buy stuff up cheap. They lost their shit when one bank was going down and begged/demanded big daddy govt come save them. They are cowards and weak men who won’t take responsibility for their actions ever.

onedishwasher.bsky.social•100 days ago

they're the most anxious hysterical boys on the planet

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