Aaron Parecki

My lead investor just texted me this about SVB.

Tons of coding tutorials drive traffic to paid courses, video sponsorships, and a little Adsense sprinkled on top.

Immersive retail company CAMP sends this letter to customers, offering 40% off to help build its asset base in a new account at Chase.

“You can use the code BANKRUN at checkout”

$SIVB

I need to take a little break because the level of financial ignorance from grown men in tech is giving me a literal headache. How did these guys run actual companies without understanding how banks work or the basic principle that money is finite and specific. Back in a few.

This is not hard to picture. Imagine you have $13 million in your bank account on the 9th of the month.

Then imagine it's the 15th of the month, and you have to cut usual checks for payroll.

But instead of $13 million, you have zero in your bank account. That is where we are.

*Phish Incoming Alert*
Former Silicon Valley Bank users —
your bank closing will likely be used as a phishing pretext by cyber criminals over email, text message, and phone call. Financial fear tricks folks fast.
Slow down & verify any email/text/call is legit before taking… https://twitter.com/i/web/status/1634237369888149506

look for terminal commands to speed up more slow animations!

if you set your dock to hide, run this Terminal command to get rid of the slowest animation on macOS:

Defaults write http://com.apple.dock autohide-delay -float 0 && defaults write http://com.apple.dock autohide-time-modifier -float 0.4 && killall Dock

trust me

slowest unnecessary delay* (it's not actually the animation that's causing the slowness). You can see the difference here https://macos-defaults.com/dock/autohide-delay.html#set-to-0-5-default-value