As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they risk a bank run trill...
How tech founders and investors use the Qualified Small Business Stock tax break, a 1990s-era provision for SMBs, to minimize taxes on their investment profits
Fingers crossed, omicron will be the variant that gets us to the endemic stage of Covid. Tweets: Eric Geller / @ericgeller : Blood-boiling stuff here. https://www.nytimes.com/... https://twitter.com/....
Interviews with 49 people illuminate Wisconsin's disastrous deal with Foxconn, championed by Trump, that saw $4.5B in promised incentives with little return
all interns —into a room to say they should seek other jobs because there wasn't enough work...” http://www.bloomberg.com/... Catherine Rampell / @crampell : A report from the Wisconsin Legislative Fi...
Amazon to receive incentives of $1.5B+ over ten years based on creating 25K jobs in Queens, but politicians object, with some saying they will fight the deal
On the west side of Manhattan … Lydia DePillis / CNN : Ocasio-Cortez breaks with Cuomo and de Blasio on Amazon welcome Jeff Jeffrey / Silicon Valley Business Journal : The Amazon effect: Losing cities...