How was Silicon Valley Bank able to operate under such a risky environment with start-ups?
According to the article I shared earlier, the answer was pairing the start-ups with their more established companies...
AND venture capitalists!
According to the article I shared earlier, the answer was pairing the start-ups with their more established companies...
AND venture capitalists!
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Recently some of these more “mature companies” were starting to struggle.
Could this have been as a result of Trump’s executive orders 13848 and 13718? Remember the essence of both of those Executive Orders was: Anyone caught cheating in Election fraud AND/OR involved in ANY way with Child Trafficking/Human Rights Abuses...would have their assets immediately seized.
Could this have been as a result of Trump’s executive orders 13848 and 13718? Remember the essence of both of those Executive Orders was: Anyone caught cheating in Election fraud AND/OR involved in ANY way with Child Trafficking/Human Rights Abuses...would have their assets immediately seized.
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What if the “mature companies” couldn’t keep up with this operation scheme Silicon Valley Bank had created...and everything went out of balance?
What next?
What next?
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According to Regulatory filings from December 2022, they estimated that more than 85% of deposits into Silicon Valley Bank were uninsured.
When this happened Moody downgraded Silicon Valley Bank.
Then what?
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The investors of this bank (the bank had 100 original founders) had to scramble to come up with money to cover their debt.
When this happened Moody downgraded Silicon Valley Bank.
Then what?
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The investors of this bank (the bank had 100 original founders) had to scramble to come up with money to cover their debt.
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Silicon Valley prided themselves that everyone would look after each other. They had what they believed was a WWG1WGA bond with each other.
When push came to shove...and the going got tough...did they all rise to the occasion and cover each other...and do the right thing and infuse cash back into their fledgling bank?
The answer was NO!!! Some did the right thing...others did NOT!
When push came to shove...and the going got tough...did they all rise to the occasion and cover each other...and do the right thing and infuse cash back into their fledgling bank?
The answer was NO!!! Some did the right thing...others did NOT!
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One of the first people to jump was Peter Thiel, the founder of Pay Pal.
He withdrew ALL of his money from SILICON VALLEY BANK.
https://finance.yahoo.com/news/thiel-founders-fund-withdrew-millions-005223787.html
He withdrew ALL of his money from SILICON VALLEY BANK.
https://finance.yahoo.com/news/thiel-founders-fund-withdrew-millions-005223787.html
Yahoo Finance
Thiel’s Founders Fund Withdrew Millions From Silicon Valley Bank
(Bloomberg) -- Peter Thiel’s Founders Fund had no money with Silicon Valley Bank as of Thursday morning as the bank descended into chaos, according to a person familiar with the matter.Most Read from BloombergFirst Republic Set to Get $30 Billion of Deposits…
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By the way...in our “Adrenochrome” presentation on 12-1-22 we shared that
Peter Thiel was looking into “Young Blood” transfusion, and the process of “parasymbiosis.”🤮
Ambrosia is the company doing these “young blood transfusions” in Silicon Valley.
Can you say CREE-PY?!
https://www.vanityfair.com/news/2017/06/this-anti-aging-start-up-is-paying-thousands-of-dollars-for-teen-blood
Peter Thiel was looking into “Young Blood” transfusion, and the process of “parasymbiosis.”🤮
Ambrosia is the company doing these “young blood transfusions” in Silicon Valley.
Can you say CREE-PY?!
https://www.vanityfair.com/news/2017/06/this-anti-aging-start-up-is-paying-thousands-of-dollars-for-teen-blood
Vanity Fair
This Anti-Aging Start-Up Is Charging Thousands of Dollars for Teen Blood
Paging Peter Thiel.
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