These aren't "startups that die" they're "businesses that did absolutely nothing wrong that die". Americans do not want to live in a world where a business can die through picking the wrong bank, full stop. Just because the investors in those startups don't get fleeced by a bank doesn't mean they're "bailed out".

And "startup" here is not "craps shoot on if it exists in a week" it's "a substantial percentage of businesses with VC backing in a general California geographic area but also across the country."

And yes, your point is flat wrong because you don't understand that a bailout is exclusive to investors in the direct company receiving financial support, which does not apply to the already failed SVB, nor does it apply to any depositors who are not receiving any additional money at all, just regaining access to their already existent funds.

You are misusing the word, so of course your point isn't making sense with the real definition of the term. I am convinced you don't actually grasp that.

> because you don't understand that a bailout is exclusive to investors in the direct company receiving financial support

Yeah, it's clear at this point that not only are you trying to play an annoying little semantic game, but to make things worse, you also have no material domain knowledge. For reference, a bailout explicitly does not serve investors, but rather immediate business counterparties.

From the second source: "A bailout occurs when the government makes payments (including loans, loan guarantees, cash, and other types of consideration) to a liquidity-constrained private agent in order to enable that agent to pay its creditors and counterparties, when the agent is not entitled to those payments under a statutory scheme."

Further reading: https://www.law.cornell.edu/wex/bailout and https://chicagounbound.uchicago.edu/cgi/viewcontent.cgi?arti...

> From the second source: "A bailout occurs when the government makes payments (including loans, loan guarantees, cash, and other types of consideration) to a liquidity-constrained private agent in order to enable that agent to pay its creditors and counterparties, when the agent is not entitled to those payments under a statutory scheme."

So literally not what happened, got it.

Of course you don't feel burdened by the meaning of words, but now at least anyone reading this will be aware that you don't know what "bailout" means, and that what happened in 2008 is nothing at all like what is happening now, and that was my goal. Mission accomplished.

Frankly David, you should know better. You've benefitted massively from these VCs already in your life, and at certain parts you would have been devastated to suddenly lose access to the very funds you're now advocating people be robbed of, but you clearly lack the ability to empathize with folks who want to travel a similar path to you.

> Frankly David, you should know better.

Weirdly making things personal is often an indication of losing, not winning, an argument. Either way, I should know better than to get into debates with brand new anon accounts on HN. Cheers.

Oddly, commenting on the age of an account is likely a larger indicator of losing, not winning, an argument.

You're typing your responses on a computer bought with money from investors that ended up with you. Do better.