Friday 17 March 2023

Silicon Valley finally figured out people don't like it

Silicon Valley finally figured out people don't like it

During the Silicon Valley Bank collapse, people in tech started to realize something: a lot of people really don’t like them. Since the bank started to buckle late last week, tech luminaries have taken time out of their busy schedules of doing innovation to tweet about how everyone rooting against a bailout of Silicon Valley Bank simply doesn’t get it. Silicon Valley had birthed “the greatest wealth generation engine this country has had for the last 2 decades,” said Austin Federa, a spokesperson for the crypto blockchain Solana, and a bailout was essential to save a cornerstone of the American economy.
Read more: https://www.motherjones.com/politics/2023/03/silicon-valley-bank-big-tech/?source=Snapzu

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