Isn't the investor justification for taking a huge chunk of profits "we take ris... | Hacker News

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sophacles on March 10, 2023 | parent | context | favorite | on: FDIC Takes over Silicon Valley Bank

Isn't the investor justification for taking a huge chunk of profits "we take risk"? I fail to see how this is unfunny just because the risk you took played out in the bad way.

serial_dev on March 10, 2023 | [–]

I believe they didn't think that the biggest risk to their investment would be the bank the co-founders chose.

recursive on March 10, 2023 | | [–]

Perhaps it wasn't the biggest risk at the time. Still a risk though.

dannyw on March 10, 2023 | [–]

More people will lose jobs.

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