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VOICE ARCHIVE

Mark Suster

@msuster
34 posts
2025-01-18
Big victory for national security. Unanimous decision by Supreme Court to ban or sell TikTok 💪🏼 💪🏼 Reminder: China doesn't allow US social media for the same reason. [image]
2025-01-18 View on X
CNBC

TikTok says it will go dark in the US on Sunday unless the Biden admin provides a “definitive statement” to critical service providers assuring non-enforcement

TikTok said its services will go dark on Sunday without a guarantee from the Biden administration that it won't punish Apple …

Big victory for national security. Unanimous decision by Supreme Court to ban or sell TikTok 💪🏼 💪🏼 Reminder: China doesn't allow US social media for the same reason. [image]
2025-01-18 View on X
Bloomberg

SCOTUS upholds the TikTok divest-or-ban law, saying free speech rights must yield to concerns that Chinese control of the app creates a national-security risk

but Trump Lobbying May Save It Tripp Mickle / New York Times : Oracle May Hold TikTok's Future in Its Hands Solcyré Burga / Time : Everything Trump Has Said About the TikTok Ban Da...

2024-06-29
One of the firms we most enjoy working with. Why? - smart, have a POV - ambitious - they do the WORK (which is what you want from your investor)
2024-06-29 View on X
Bloomberg

Kleiner Perkins has raised more than $2B for two new funds: $825M for a fund targeting young startups and $1.2B for a later-stage fund

2023-12-22
@davecraige @JamesSJackson I have spoken about it plenty over the years and even written some about it. I have no fear of Apple. I love their products. Yes, they are mafia.
2023-12-22 View on X
Financial Times

The Apple-Masimo patent battle is a dramatic demonstration of the collision of different IP regimes when tech companies move into new markets, like health care

@davecraige @JamesSJackson I have spoken about it plenty over the years and even written some about it. I have no fear of Apple. I love their products. Yes, they are mafia.
2023-12-22 View on X
Bloomberg

Memo: Apple won't offer hardware swaps for out-of-warranty Watch models going back to Series 6 in the US during the ITC's ban but will offer help via software

- Company will only be able to conduct software-based repairs  — Hardware swaps for broken Apple Watches won't be offered in US

Many people who have had to negotiate with Apple have a story like this.  I know I do.  I've never told it publicly but I tell it privately to anybody who has to talk with them.  They tried nearly the same playbook.  [Quotes @pitdesi's Dec.19 tweet: “Apple is a real bully.  Apple + Maximo met for partnership/acquisition talks but Apple had a secret plan (Project Everest)... ]
2023-12-22 View on X
Bloomberg

Memo: Apple won't offer hardware swaps for out-of-warranty Watch models going back to Series 6 in the US during the ITC's ban but will offer help via software

- Company will only be able to conduct software-based repairs  — Hardware swaps for broken Apple Watches won't be offered in US

Many people who have had to negotiate with Apple have a story like this.  I know I do.  I've never told it publicly but I tell it privately to anybody who has to talk with them.  They tried nearly the same playbook.  [Quotes @pitdesi's Dec.19 tweet: “Apple is a real bully.  Apple + Maximo met for partnership/acquisition talks but Apple had a secret plan (Project Everest)... ]
2023-12-22 View on X
Financial Times

The Apple-Masimo patent battle is a dramatic demonstration of the collision of different IP regimes when tech companies move into new markets, like health care

2023-03-15
1/ Update on what I know about SVB situation. New info on industry call with new CEO last night. Their main message, “we are open for business, your deposits are fully FDIC insured & safe” They understand you will have cash in multiple banks, they would like to be one of them
2023-03-15 View on X
New York Times

A profile of Tim Mayopoulos, named by the FDIC as the CEO of Silicon Valley Bridge Bank, who was BofA's general counsel during the 2008 financial crisis

The F.D.I.C. named Tim Mayopoulos as chief executive of Silicon Valley Bridge Bank.  His job is to keep calm and carry on.

1/ Update on what I know about SVB situation. New info on industry call with new CEO last night. Their main message, “we are open for business, your deposits are fully FDIC insured & safe” They understand you will have cash in multiple banks, they would like to be one of them
2023-03-15 View on X
Washington Post

Interviews with 20 people detail the Biden admin's response to SVB's and Signature's collapse, as tech executives and investors lobbied to protect all deposits

It seemed like a simple question: Did the treasury secretary have any concerns about the economic risks posed by Silicon Valley Bank?

2023-03-12
6/ The super annoying thing? - Investors who recommended pulling everything will feel righteous this AM - The loudest voices were yelling fire in a crowded movie theater & congratulate themselves on rushing everybody out
2023-03-12 View on X
Bloomberg

As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality

an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...

1/ What next at SVB? Nobody knows but here's what I suspect: - Reports that they can't raise equity, looking for a buyer of the business - Trading halted on their shares - We suspect they will find a buyer that will emerge today or over the weekend What if not?
2023-03-12 View on X
Bloomberg

As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality

an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...

2023-03-11
1/ What next at SVB? Nobody knows but here's what I suspect: - Reports that they can't raise equity, looking for a buyer of the business - Trading halted on their shares - We suspect they will find a buyer that will emerge today or over the weekend What if not?
2023-03-11 View on X
Bloomberg

As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality

Programming note: Money Stuff was supposed to be off today, but: bank run!  —  SVB

6/ The super annoying thing? - Investors who recommended pulling everything will feel righteous this AM - The loudest voices were yelling fire in a crowded movie theater & congratulate themselves on rushing everybody out
2023-03-11 View on X
Bloomberg

As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality

Programming note: Money Stuff was supposed to be off today, but: bank run!  —  SVB

2023-03-10
7/ Finally, I believe (but can't say for sure) that the timeframe for their funding round is 7-10 days (not months) and that GA is also backing SVB. If the market can avoid panic I believe things settle quickly. I sure hope that's the case
2023-03-10 View on X
Financial Times

Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities

Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities  —  Silicon Valley Bank has launched a $2.25bn share sale …

1/ More in the VC community need to speak out publicly to quell the panic about @SVB_Financial ... I believe their CEO when he says they are solvent and not in violation of any banking ratios & goal was to raise & strengthen balance sheet
2023-03-10 View on X
Financial Times

Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities

Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities  —  Silicon Valley Bank has launched a $2.25bn share sale …

3/ I believe the biggest risk to startups AND VCs (and to SVB) would be a mass panic. Classic “runs on the bank” hurt our entire system. People are making public jokes about this. It's not a joke, this is serious stuff. Please treat it as such
2023-03-10 View on X
Financial Times

Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities

Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities  —  Silicon Valley Bank has launched a $2.25bn share sale …

A good 🧵👇🏼 on SVB. Plus one add from me ... I have talked to a ton of big VCs and most WERE NOT advising portfolio to pull all deposits out. Very few were. But that's what got reported. Most suggested moving a small amount to another account in case of short term liquidity needs https://twitter.com/...
2023-03-10 View on X
Financial Times

Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities

Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities  —  Silicon Valley Bank has launched a $2.25bn share sale …

Counter rumor. I'm hearing from VCs I know on email, text, DM, whatsapp ... that they want calm and don't believe SVB is going anywhere. I have many messaging me now. We are working on forming a group to share information more cohesively on what we know & advise https://twitter.com/...
2023-03-10 View on X
Financial Times

Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities

Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities  —  Silicon Valley Bank has launched a $2.25bn share sale …

5/ I believe SVB is one of 20 largest banks in the US. I do not believe the US government would like to see them fail. I know it is NOT in the Tech & VCs interests to see them fail. I believe they could only fail if everybody panics so I would urge calm decisions based on facts
2023-03-10 View on X
Financial Times

Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities

Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities  —  Silicon Valley Bank has launched a $2.25bn share sale …

5/ I believe SVB is one of 20 largest banks in the US. I do not believe the US government would like to see them fail. I know it is NOT in the Tech & VCs interests to see them fail. I believe they could only fail if everybody panics so I would urge calm decisions based on facts
2023-03-10 View on X
The Information

Some VC firms are encouraging their portfolio companies to pull funds out of Silicon Valley Bank while others are advising startups to keep no more than $250K

Silicon Valley Bank CEO Greg Becker on Thursday told top venture capitalists in Silicon Valley to “stay calm” …