Birdwatch Note Rating
2023-03-13 01:58:18 UTC - HELPFUL
Rated by Participant: E89B7544AA994B95CDD7E10375D53A99782DED0B8434CE7B1A74AC86B2C627DE
Participant Details
Original Note:
These types of advice are the reason Silicon Valley Bank (SVB) failed. ”SVB encountered a classic run on the bank.” [1] “Some SVB clients pulled their money from the bank on the advice of venture capital firms such as Peter Thiel's Future Fund”. [2] [1] https://www.cnn.com/2023/03/11/business/svb-bank-collapse-explainer-timeline/index.html [2] https://www.reuters.com/business/finance/what-caused-silicon-valley-banks-failure-2023-03-10/ [Extra] https://www.usatoday.com/story/money/2023/03/11/why-did-silicon-valley-bank-fail/11452253002/
All Note Details