
27: Good morning, your bank is gone
ADHD Founders
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The SVB Share Price Dropped 60% in the US
SVB is based in Australia, and obviously this is all happening in the US. On Wednesday evening, SVB put out a statement to its shareholders saying that they were going to rebalance some of their... I won't get into all those details. And then on Thursday, the reaction to that was that the share price of SVB dropped 60%, like massive drop. So we go less than 250K. He actually did try to initiate a wire out. Yeah, but he couldn't. It's sort of a bit unrelated. There was some glitch in the system that had revoked some of my permissions - which is super weird. But I think it was completely unrelated to everything else
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