Silicon Valley Bank Collapsed

Sorry, this isn't factual.
SVB Financial names five directors to restructuring committee | PitchBook

Heck, even the wine maker got his start in banking.

 

On Monday after the collapse? Guess we all have some incomplete information. Have you researched who performed what exact function and what thier focus was before the collapse?

 

I believe all 5 were board members before the collapse.

If you look at the full board and their CVs, you'll find they all have experience in investment banking, venture capitalism, and/or tech start ups.

 

Board members? Exact job function before, what was thier focus before, who else was making decisions? There is a lot not being spoken about in both articles. When I woke up last night the wife had something on about it again and none of the people in these two links appeared to be who interested her.
Again it didn’t get my interest as I was more concerned with making my coffee and warming the truck up.

Like everything else, the one thing I noticed to be consistent with the Woke people is no matter thier job if they are practicing woke Ideas and pushing an agenda they seem to start making very bad decisions that cost the company they work for. This seems to be a constant and I have no doubt it could have happend here. Maybe this weekend when I have more time to work with a real computer not on a limited search engine like this one and my phone, I will look deeper into specifics.

 

That was the exact question I was asking when "go woke go broke" was first brought up.

No one has posted any evidence that wokeness - the belief there are systemic injustices in American society and the need to address them - had anything to do with the bank failing. Instead people post "they were unqualfied", not defining who "they" are and the perceived shortcomings in experience/expertise or "they were distracted" - as if every bank hasn't been following the same playbook.

 

You know its not so much thier incorrect beliefs but rather how they let that be thier focus and not focusing on proper decisions concerning thier job.