@Dexerto Deliberate, harmful misrepresentation. Clickbait is all fun and games, but this is a notch too far. Exploring all scenarios is an important thought exercise I wish more people did. Don’t cut off one of the thought branch because it fits the more click-baity narrative. Do better.
7 years ago today, Johan Cruyff left us
🗣️ “Technique is not being able to juggle a ball 1000 times. Anyone can do that by practicing. Then go and work in the circus. Technique is passing the ball with one touch, with the right speed, at the right time, to the correct foot of your teammate.”
Rest in peace, 𝗹𝗲𝗴𝗲𝗻𝗱. 🕊️
A couple SVB thoughts. 1. 250k is too low. It's insane that a small company with say 2.5m in payables and payroll at the end of the month should be "prudent" and split their cash across 10 banks in case of a run. The fees and admin would be crazy. But great for banks