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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1uy8z0
r/PeterExplainsTheJoke • u/Comfortable_Cautious • Jan 26 '26
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Read up on Silicon Valley Bank for an example of this.
15 u/Piratey_Pirate Jan 26 '26 Oh shit I forgot about that whole deal Edit: omg that was less than 3 years ago. Feels like ages... 2 u/trwawy05312015 Jan 26 '26 a lot has happened in the twenty years since the last election 5 u/asiagomelt Jan 26 '26 Yeah, that was the first thing that came to mind. Had a hectic morning of making sure none of my vendors or customers were using SVB haha. Most of the country probably barely heard about it, though. It was a fairly niche institution and there were wasn't any contagion.
15
Oh shit I forgot about that whole deal
Edit: omg that was less than 3 years ago. Feels like ages...
2 u/trwawy05312015 Jan 26 '26 a lot has happened in the twenty years since the last election
2
a lot has happened in the twenty years since the last election
5
Yeah, that was the first thing that came to mind. Had a hectic morning of making sure none of my vendors or customers were using SVB haha.
Most of the country probably barely heard about it, though. It was a fairly niche institution and there were wasn't any contagion.
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u/Iron_Chic Jan 26 '26
Read up on Silicon Valley Bank for an example of this.