ugh fine here is my SVB thread:
— Sam Altman (@sama) March 12, 2023
TL;DR: at this point, to be certain of avoiding catastrophe, the FDIC needs to temporarily guarantee all deposits. other solutions might work, but this is the best one.
Don’t entirely disagree but let’s see what happens monday
tech/science swag. 
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I’m fine nationalizing the banks in all but name if FDIC ratchets up premiums to claw back the cost of this extended protection.
“But VCs won’t learn!” as if they ever do, as if the consequences would be so narrow to land squarely on the culpable douches.
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