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Darius Kazemi

"You're in business for 40 years and you are telling me you can't raise $2 billion privately? Get on a jet and fly to Kuwait like everyone else and give them control of one-third of the bank."

Interesting interviews on the SVB thing. No idea how true it is but one narrative out there is that earnestness, transparency, and forthrightness did in the bank - that everything would have been fine if they just lied like everyone else. (I'm sure they did plenty of lying.)

us.cnn.com/2023/03/13/business

14 Mar 2023 at 14:32 | Open on friend.camp
3 comments
Anil Dash

@darius This isn’t incorrect. (Obviously there’s more to the story.) But the single biggest mistake they made was assuming the likes of Peter Thiel would act like community members for them, not just opportunists.

14 Mar 2023 at 14:42 | Open on me.dm
[DATA EXPUNGED]
Tak!

@darius All of my retirement planning is predicated on the assumption that once I've been in business for 40 years, I will be able to raise $2 billion privately

14 Mar 2023 at 15:21 | Open on glitch.taks.garden
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