The Final Capitulation of the VIX

Silicon Valley Bank is really a rorshok plot for people's political views. They've had this enormous flood of money go into them to make them from basically nowhere into the 16th biggest bank in the States. But what I would really want to point out that you were talking about is with ARK and everything else. The VC and the PE world has just been marketing the model. And so finally, somebody had to admit that these marks are wrong.

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