Ava Lab’s Wu on SVB: This Is a Classic Bank Run

Ava Labs President John Wu discusses Silicon Valley Bank’s shares sinking 60% on Thursday, the reason’s behind the fall and his exposure to the bank. He speaks on Bloomberg Technology.
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Пікірлер: 45

  • @watb8689
    @watb8689 Жыл бұрын

    the bank run is happening now. SVB is going to file for Chapter 11 in a few days

  • @chiaweinam
    @chiaweinam Жыл бұрын

    He seems visibly shaken

  • @cvshav

    @cvshav

    Жыл бұрын

    He probably has shares off SIVB. He needs to button up his shirt, looks like a pig

  • @meishajames7273

    @meishajames7273

    Жыл бұрын

    Guy is shit scared. Absolutely shit scared.

  • @UziGameGP
    @UziGameGP Жыл бұрын

    People being hysterical is indeed ingredient for classic bank run

  • @deltasyn7434

    @deltasyn7434

    Жыл бұрын

    So don't panic and everything will be okay right?

  • @dethray1000

    @dethray1000

    Жыл бұрын

    @@deltasyn7434 yeah,svb is giving out vasaline to all account holders,no problems-btw the have been shut down

  • @obsoletevalues6209

    @obsoletevalues6209

    Жыл бұрын

    Silvergate Capital Corp bank also went belly up.

  • @keithbrandson6293
    @keithbrandson6293 Жыл бұрын

    Take your money out of the banks and *RUN FORRESSSTTTT !!!*

  • @fhowland
    @fhowland Жыл бұрын

    SVB is the next Lehman… first domino

  • @Kevin-eg6vg
    @Kevin-eg6vg Жыл бұрын

    this is going to be fun

  • @dhingdhong61
    @dhingdhong61 Жыл бұрын

    Anyone any idea what happen to DXY after this one?

  • @WatchfulHunter
    @WatchfulHunter Жыл бұрын

    FDIC will take care of you. No worries. They can print money, or just type in a number. The bigger question in why aren't these banks better regulated to prevent this?

  • @MrCPPG

    @MrCPPG

    Жыл бұрын

    Wait until the digital dollar is implemented (Biddn executive order 14067).

  • @randyosborne3971
    @randyosborne3971 Жыл бұрын

    Silicon Valley venture capital was floundering on alot of real imaginative investing. Maybe Jerome Powell will execute QE immediatly.

  • @dethray1000

    @dethray1000

    Жыл бұрын

    already has,supposely 3 trillion put out there to stem the sinking...

  • @shishnit
    @shishnit Жыл бұрын

    Your shares sitting in a brokerage account is like having cash in the bank. Take it out by putting it in your own name. DRS!

  • @zo9fg

    @zo9fg

    Жыл бұрын

    Isn't it covered by insurance?

  • @jobob47

    @jobob47

    Жыл бұрын

    you will also note that its not in your name and that most of the brokers will NOT give you an actual certificate. so, yeah, again, you dont actually own it, you have an IOU.

  • @MrCPPG
    @MrCPPG Жыл бұрын

    It's a Wonderful Life

  • @manuvns
    @manuvns Жыл бұрын

    Planning to open bunch of credit cards and buy bank stocks 😂

  • @jambear7862

    @jambear7862

    Жыл бұрын

    Stonks*

  • @spaceoddity2485
    @spaceoddity2485 Жыл бұрын

    When the CEO get some video call to specifically tell investors that that everything is OK…….. These fools love to lie to your face as their whole house of cards comes crashing down Run 🏃‍♂️! !!!!!!

  • @anon7812
    @anon7812 Жыл бұрын

    🙎‍♀"Do you have money in SVB?" 👁👄👁"I don't take Adderall"

  • @zo9fg
    @zo9fg Жыл бұрын

    Who bought puts

  • @AJ-iu6nw

    @AJ-iu6nw

    Жыл бұрын

    I have short call spreads on COIN. The mirage was going to end eventually, just a matter of waiting for an event like this one to occur.

  • @gokobe9121
    @gokobe9121 Жыл бұрын

    Lol everything is fine! Let it burn!

  • @Phoenix-J81
    @Phoenix-J81 Жыл бұрын

    Wtf. I'm going go pull my money. One goes they all start to go.

  • @SabbathSOG
    @SabbathSOG Жыл бұрын

    😂😂😂😂

  • @benmosley3190
    @benmosley3190 Жыл бұрын

    Don't panic

  • @pangmeister
    @pangmeister Жыл бұрын

    The problem is : there is no downside to transfer your money out. So, why not?

  • @anthonygarofalo5256
    @anthonygarofalo5256 Жыл бұрын

    🐛

  • @joeyboedeker2047
    @joeyboedeker2047 Жыл бұрын

    They are all going to the same!! Get out now!!!

  • @dethray1000
    @dethray1000 Жыл бұрын

    it is over--we are headed to a world wide liquidity crisis...make your bets,mine is gold,silver

  • @zcorpalpha2462

    @zcorpalpha2462

    Жыл бұрын

    Can’t eat Gold 😂

  • @MrCPPG

    @MrCPPG

    Жыл бұрын

    @@zcorpalpha2462 Can't eat dollars. 😂