Reminiscing on when I pissed off venture capitalists with an offhand remark on Crypto Critics' Corner that VCs are not good for society with a new essay about the meltdown around Silicon Valley Bank: https://newsletter.mollywhite.net/p/the-venture-capitalists-dilemma
The venture capitalist's dilemma

The embarrassing investor meltdown surrounding Silicon Valley Bank should drive us to consider new models.

Molly White
@molly0xfff your best yet - really clear and thorough analysis of the SVB debacle. I liked how you grudgingly admit that fdic insurance *cough*bailout*cough* was probably needed, but pointing out the hypocrisy and deliberate, bad faith machinations that drove us to this cliff edge.