Discussion

• @birdride Bird on x

  “Bird was erroneously listed as a company that filed for a PPP Loan. We did not apply for nor did we receive a PPP Loan. We decided as a company not to file an application as we did not want to divert critical funding from small and local businesses.” - Bird

• @travisv Travis VanderZanden on x

  Bird spoke with Citi early on, but decided not to apply for PPP b/c the money was more deserved by small and local businesses. Citi will confirm this. Not sure how we made the PPP list, but we're investigating. https://twitter.com/...

• @kateclarktweets Kate Clark on x

  Update: Andreessen Horowitz says it did not apply or receive a PPP loan. VC firms Foundation Capital, Index Ventures and a16z have been erroneously listed as PPP recipients, they say. https://www.theinformation.com/ ...

• @mikeisaac Rat King on x

  the Silicon Valley-based firms showing up on this SBA Loan list are incredible Bird Scooters received $5-10mm Mixpanel — $5-10mm Index Ventures, a VENTURE CAPITAL firm — $2-5mm Teespring - $2-5mm

• @eringriffith Erin Griffith on x

  The SBA documents says Bird, the scooter startup, got a PPP loan of 5-10m. Bird PR claims they never applied. !??!?!!?

• @kurtbardella Kurt Bardella on x

  See why I've been calling this a bank heist in broad daylight? Paging Congressional Democrats - this would be the time to have hearings and make these recipients answer questions under oath about all of this! https://twitter.com/...

• @oconnellpostbiz Jonathan O'Connell on x

  Almost 90,000 PPP borrowers list “zero” or leave blank the question of how many jobs they will save, according to SBA data. Big, Wall Street-backed chains are still getting PPP. So are members of Congress, and tenants of President Trump. https://www.washingtonpost.com/ ...

• @katiephang Katie Phang on x

  “Among the loan recipients, 48,922 reported “0” as the number of jobs they would retain with the money & 40,506 appeared to leave that blank. 10 other companies received between $5 million & $10 million but reported retaining only 1 job with the money.” https://www.washingtonpost…

• @tomgara Tom Gara on x

  NOT THAT THERE'S ANYTHING WRONG WITH THAT https://twitter.com/...

• @therealtblake TBlake on x

  How could that be https://twitter.com/...

• @kantrowitz Alex Kantrowitz on x

  If companies saved jobs by taking PPP, then I'm glad they took it. In an unprecedented downturn, that was the point. They don't have to meet some purity test beyond protecting paychecks.

• @firstadopter Tae Kim on x

  👀 How does this happen? https://twitter.com/...

• @sriramk Sriram Krishnan on x

  Don't understand the PPP shaming going on. 1. The program was done in a near emergency where the goal was speed. A more carefully designed process would have meant precious time lost. 2. VC-backed companies are also just businesses that employ people like everyone else.

• @msuster Mark Suster on x

  Anybody reporting on who did / did not get PPP should contact & confirm before reporting it. Clearly the public lists are not 100% correct. https://twitter.com/...

• @travisv Travis VanderZanden on x

  @eringriffith Bird didn't officially apply for PPP and didn't receive loan funds. Here's statement: https://twitter.com/...

• @eringriffith Erin Griffith on x

  well here's the explanation ⤵️ https://twitter.com/...

• @andyjayhawk Andrew J. Hawkins on x

  TWIST: now Bird claims it didn't apply for nor receive a PPP loan! “Bird was erroneously listed as a company that filed for a PPP Loan,” the company says. Something weird is going on here https://www.theverge.com/...

• @darth @darth on x

  i am really not that interested in companies that applied for and received PPP funds it is not a perfect program but it was understandable how it was rushed out there i know a lot of people who needed it but i do believe in accountability and wat https://twitter.com/...

• @alexjamesfitz Alex Fitzpatrick on x

  A heads up for those combing through the PPP docs: sounds like many companies listed therein are disputing they actually applied for/received any loans https://twitter.com/...

• @a_w_gordon Aaron W. Gordon on x

  Bird laid off more than 400 people just a few days before the CARES Act passed. https://techcrunch.com/... https://twitter.com/...

• @meghanemorris Meghan Morris on x

  @MikeIsaac @danprimack one bank thinks VCs are listed in error because of portcos receiving $$ and the paperwork filtering up to the majority investor... but no idea what's up with Bird

• @dee_bosa Deirdre Bosa on x

  Index Ventures says the same —that their entry is listed in error. How many more are there? Good list of startups that took PPP loans from @jbursz https://www.cnbc.com/... https://twitter.com/...

• @mikeisaac Rat King on x

  and another. what is up with these CSV files.... https://twitter.com/...

• @danprimack Dan Primack on x

  They aren't the only one saying this. And that is a big, big problem. https://twitter.com/...

• @seyitaylor @seyitaylor on x

  Oh boy oh boy ☕️ https://twitter.com/...

• @awilkinson Andrew Wilkinson on x

  It's true insanity that the government bailed out venture backed startups, many of whom were likely running on fumes anyway. The party doesn't stop until the music stops. https://twitter.com/...

• @alex @alex on x

  how many ppl work at Index? https://twitter.com/...

• @can @can on x

  Lots of people are surprisingly down with the PPP establishment when it benefits them https://twitter.com/...

• @andyjayhawk Andrew J. Hawkins on x

  Bird received a PPP loan in the range of $5M-$10M. A month later, it laid off over 400 employees. There are a bunch of other scooter startups, AV firms, and so-called “mobility” companies on the list. We're compiling them here. https://www.theverge.com/...

• @stacyherbert Stacy Herbert on x

  The crypto companies who have received more than $1 million from US taxpayers in ‘forgiveable’ loans: @Consensys with over $5 million! @shapeshift @IOHK_Charles @BittrexExchange | There are also a load of shitcoins & ‘blockchains’ that got up to $1 million https://www.coindesk.co…

• @bitcoinmemehub @bitcoinmemehub on x

  When money printer goes BRRRRRR, you can be sure that despite some having raised 100s of millions via ICO's and premines, the crypto scam gang is instantly queuing up to pick up some freshly printed US PPP Bailout Loans money 🤬🤦‍♂ ️ h/t @BitcoinErrorLog via https://www.coindesk.c…

• @splitcapital Trajan on x

  PPP Loans are the new Panama Papers of 2020. Find out about the firm you work for today! https://www.coindesk.com/...