Most of the losses at the Silicone Valley Bank were NOT covered or not covered enough since the FDIC only covers up to a certain amount and these people had BILLIONS in there.

I personally don't like anyone losing money they worked for...But most of the companies that lost their payroll and start up money were the same ones that have policies that want to censor me or have censored me.

Their money is their money...But their cancellation, suspension, shadowbanning habits along with funding of varies ideologies like Drag Queens, BLM, Antifa, Sanctuary Cities, No penalties for drugs, No Cash Bail etc are for idiots so I'm not sorry the company went under.

Fuck them.

By the way they knew it was coming as the CEO sold all his stock weeks ago and THEIR EXECUTIVES GOT THEIR BONUSES HOURS BEFORE THE COLLAPSE.