Birdwatch Note Rating
2023-03-14 20:13:43 UTC - SOMEWHAT_HELPFUL
Rated by Participant: EDC833AFF531EE8D09627920FB53C4C4E296BA38B1CDD9426EF16D4654D9C91F
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