SV has less power this morning than it did a week ago.

I can’t escape that conclusion no matter what angle I look at this situation from.

I also can’t escape the feeling that it is a good thing SV has less power and influence over the rest of the US.

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Discussion

Buddy pointed out that it’s not the SVB clients that are the story here, it’s their clients’ clients.

Every Etsy seller was given an orange pill this weekend. Every Airbnb host. Everyone who uses Quickbooks.