svb DAO
@svbDAO
A DAO To Invest In And Privatize SVB By The Startup And Venture Community.
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Update: With Treasury/FDIC announcing that all funds will be made whole, the need for an immediate capital infusion into either SVB or the affected startups is no longer a critical need. As a result, SVB DAO members voted to disband. svbdao.gitbook.io/svbdao-whitepa…
time for @svbDAO
#BREAKING: According to sources, the FDIC is looking to chop up Silicon Valley Bank and find buyers for it's various businesses, rather than a quick sale of the bank. This is bad for startups as risk assets are left behind. A full bailout is desperately needed ASAP!
Several VC leaders met today to discuss the aftermath of SVB’s downfall. This is a joint statement from all of us. @Accel @altcap @BCapitalGroup @generalcatalyst @eladgil @GreylockVC @khoslaventures @kleinerperkins @lightspeedvp @MayfieldFund @Redpoint @RibbitCapital @upfrontvc
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