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Michał "rysiek" Woźniak · 🇺🇦

Hypercapitalist techbros already calling for, wait for it, government intervention!

What happened to "the market will solve it"? :blobcatthinking:

"The market solves it" only if it's your money on the line, not their stock options. :blobcatthinksmart:

Remember all this bullshit about "we get the big payouts because we take the big risks"? Yeah, well… observe what happens when the risks actually materialize. Crying for risk-mitigating bailout *checks notes* literally the next day.

🧵

Screenshot of a tweet by Garry Tan (@garrytan). Text: 30% of YC companies exposed through SVB can’t make payroll in the next 30 days. If you or your company are affected, I recommend that you reach out to your local congressman to get this on their radar TODAY. Now. house.gov/representative...
Mar 11, 2023, 11:49 AM·Public·Web
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