Just going to post this *riiiiight here*
"The venture world took note late last week as news broke that San Francisco-based Founders Fund will cut the size of its $1.9 billion venture fund raised last year by about half."
https://news.crunchbase.com/venture/founders-fund-investments-peter-thiel-abnb-stripe/
I'll close by noting that the Washington Post had a journalist on the ground outside of Silicon Valley Bank in Menlo Park, but the New York Times did not (at least not when I was there). Worth noting as you read coverage of the #SVB fallout over the coming weeks and months. Why? Because when press outlets don't have journalists on the ground, they rely on the bullshit spin that comes out of crisis comms and PR shops. I fully expect a lot of faux-empathetic framing that pushes for a bailout. /X