Category: Twitter Page 16 of 69

My @webflow journey:

💡 2004– idea
1️⃣ 2005– 1st try, failed
💑 2006– married
2️⃣ 2007– 2nd try, failed
3️⃣ 2008– 3rd try, failed
👶 2009– kid #1
👨🏼‍💻 2010– day job
👶 2011– kid #2
4️⃣ 2012– 4th try, YC says no
🎉 2013– YC says yes, funded
📈 2014– hard work begins

tldr: keep trying!

— Vlad Magdalin (@callmevlad) February 12, 2019

@theallinpod has been my every Sat morn must-listen pod for last 6mths+ and they have manage to have my complete attention no matter what, which no other show has managed, esp this episode https://t.co/xwStgIYVjy

— Abhay 🇸🇬🇮🇳 (@Abhay08) March 18, 2023

One-hour operation could cure prostate cancer by destroying tumours with electric currents https://t.co/TnxhhC7c6n

— Abhay 🇸🇬🇮🇳 (@Abhay08) March 17, 2023

SVB-Silvergate-USDC, how centralised the crypto is https://t.co/DxQV633T81

— Abhay 🇸🇬🇮🇳 (@Abhay08) March 12, 2023

1. When banks accept deposits from clients, they OWE the client that money. So deposits are liabilities to the bank.

Liabilities cost money…

…”cost” both to serve those clients (branches, tellers, apps) and any interest the bank pays you on your checking account (deposit). pic.twitter.com/2in9kir8qi

— Compound248 💰 (@compound248) March 10, 2023

>In 2021 SVB saw deposits jumped from $61.76bn to $189.20bn – read free cash startups got to grow
>to generate better yield they purchased a large amount, ~ $80bn! in mortgage backed securities (MBS) with customer deposits – Yes the same dreaded instrument that cause 2008 crash

— Abhay 🇸🇬🇮🇳 (@Abhay08) March 10, 2023

>This is not a liquidity issue as long as SVB maintains their deposits as they are earning ~1.56% on these deposits and the MBS has not gone bust (like in 2008)

— Abhay 🇸🇬🇮🇳 (@Abhay08) March 10, 2023

>97% of these MBS were 10+ year duration with average yield of 1.56%
>with FED’s interest rate of ~4.5% and increasing in 2023
> customers with deposits who were earning little less than 1.56% (bank spread) can now purchase govt backed sec with >4.5% yield

— Abhay 🇸🇬🇮🇳 (@Abhay08) March 10, 2023

>yesterday SVB announced that they had sold $21bn of their Available For Sale (AFS) securities at a $1.8bn loss and raising another $2.25bn in equity and debt – which hints at liquidity of the bank if the depositors are not getting theie monies back, if MBS cannot be liquidated?

— Abhay 🇸🇬🇮🇳 (@Abhay08) March 10, 2023

depositors would want to have better returns on their monies as they have to prep for longer runways with the last round with the constant narrative of ‘2024 is going to be worst than 2023'

— Abhay 🇸🇬🇮🇳 (@Abhay08) March 10, 2023