It's terrifying. The collapse of SVB Silicon Valley Bank, which led to Circle's 12% decoupling of USDC, happened three years ago. Khosla Ventures founder @vkhosla stated that the SVB incident exposed the true nature of VCs; empty talk on Twitter is no match for the real financial support of VC teams. Who could have imagined that the USDC that was decoupled back then would now be one of the strongest listed crypto stocks in the US market?
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Vinod Khosla
@vkhosla
03-11
Three years ago, SVB exposed who VCs really are. Not the ones who tweeted sympathy. The ones who wired money -- no docs, no terms, no theater -- before the government stepped in. Very few did. That's the test most failed.
https://khoslaventures.com/posts/march-10-2023-when-svb-fell-founder-friendly-was-put-on-trial…


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