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50 Tech Leaders Circulated A Private Memo In Washington Calling For Action On SVB

Por: Forbes Business March 16, 2023

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Steven Senne/AP As SVB careened towards catastrophe, some 50 founders, VCs, economists and comms experts gathered in a WhatsApp group to draft a memo calling for urgent preservation of its deposits for the sake of the broader economy. Then they sent it to Washington. Just after 5:30 pm Pacific on Saturday, a memo started making the rounds among policymaker staff. Called “United States Cascade Bank Failure Scenario,” the private document laid... + full article



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