Comments by "Samson Soturian" (@samsonsoturian6013) on "Silicon Valley Bailout" video.

Or maybe they were just idiotic enough not to realize what rising interest rates meant for VC
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Username checks out
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No money was printed. The FDIC insurance wasn't even used and already has billions of dollars available just in case.
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Just think. It was all dependent on burning cash from rich chumps. All those high wages, all that rapid growth, and all the phony riches went POOF when the money printer was turned off
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I assume that's sarcasm, but they were politicized to an extent. They allegedly had an all-female sales team and would give startups extra money if they were run by minorities.
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A curious statement since most of the people that watch Fox are Fox haters brigading the show. @rhuephus
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@chesswithivan8346 dude, incompetence defined their risk politicies. Politicization is a sign of incompetence
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Stupidity isn't a crime
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Plight? Dude, a lot of recent inventions were at the expense of these idiots.
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They're all ultimately just lucky bastards who don't know what they're doing
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The US has never bailed out any bank for any reason at any time.
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Oddly specific. Who are these "libertarian tech bros" and how do you know for a fact they demanded money from the Feds. As said in the video, the Feds don't insure anyone above a quarter million so these tech bros aren't getting paid by the Feds. All I will say is that you are clearly not an economist and you're probably talking out your butt.
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This is America. You have to have a bank account because virtually all employers do direct deposits. Most people don't even carry more than 20 bucks on them, we use cards for everything.
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@Maurice Monge you're either lying or you never been to America. Only children don't have bank accounts and corporations all do direct deposits.
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@Maurice Monge only select towns on the southern border speak Spanish as a first language. My sister once got turned for a cashier position in El Paso Walmart because she didn't speak Spanish. However, we both know this is not the norm. In fact, all the cash-only businesses I've seen all turn out to either be seedy businesses or are in seedy neighborhoods. Everyone else does checks or debit transactions. In the towns you bring up, a large portion of the population is from high crime areas, and/or is an illegal alien, and/or the town is high-crime. I know it is the fashion to judge America by the lowest common denominator, but the average US town is where people can't be bothered to lock their doors and the vast majority of crime is substance abuse related.
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No, we aren't bailing out rich chumps that YOLOed into tech. Get over it.
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@None ya Beeswax FDIC insurance ain't a bailout. It protects deposits not investments
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Rumors going around says the rest of the crew were idiots in their own rights.
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@Lav S we haven't bailed out a bank. Ever
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@lavs8696 protects the customers, not the bank. Like FDIC insurace, which only covers up to a quarter million per person. No one cares about rich dudes. No one cares if they buy into hedge funds with predatory fees. No one cares if they take extreme leverage and lose it all. No one cares if their business goes kaput.
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@Lav S come on. We both know you'd say that regardless if it were true. And why you expect me to care if the Feds do bailouts? And why you arbitrarily changing the definition of bailout?
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@lavs8696 do you? Is it even relevant since those funds AREN'T being used in this case? Do you deal drugs for a living?
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@lavs8696 You haven't read most of what I said, did you?
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@JDied1 WE ARE YET TO BAILOUT A BANK
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@ripvanrevs not the problem in this case
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I honestly can't tell if you're joking
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People like to use equity funding to hide the leverage even from themselves.
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@Supernova the closest thing you get to collateral in the VC space
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No. End of story.
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