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SVB Collapse Explained, D2C Brands That May Fail, And Suli's Next Venture
My First Million
Mercury and Other Startup Banks - The Real Winners
There's 2,000 community banks in America. A bunch of those would have had a bank run today or this week if the Fed didn't do what they did. So I think the real winners is first republic because they would have been wiped out today probably and many others like first republic. And then the other winners were like, there's a lot of like startup banks like Mercury. It seems like they were like just like crushing it. Like they're just counting it, right? Well, I think the best thing for them was when everyone needed to move out of Silicon Valley bank,. You're not going to keep $10 million or $20 million at startups.
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