teraiin
Amethyst
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Post by teraiin on Mar 11, 2023 11:29:19 GMT -6
I actually hadn’t heard anything about the bank stuff until this morning when a company I’ve purchased from (slumberkins) posted a very honest and sad letter about how their funds were there. They’re not sure how they’re going to continue… they’re doing a huge sale to try to help them coast through this crisis Then I came here to see if people were talking about it Oh no! I have a few of their books for my kids. That is sad It is! They’re doing a 40% off sale on everything with the code slumberkinsforall I may grab some stuff.
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origami
Amethyst
Posts: 6,443 Likes: 46,618
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Post by origami on Mar 11, 2023 11:40:03 GMT -6
I actually hadn’t heard anything about the bank stuff until this morning when a company I’ve purchased from (slumberkins) posted a very honest and sad letter about how their funds were there. They’re not sure how they’re going to continue… they’re doing a huge sale to try to help them coast through this crisis Then I came here to see if people were talking about it Oh shit. I know these ladies. I didn't even think about the not tech startups that would be effected.
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Post by ldubhawksfan on Mar 11, 2023 11:55:59 GMT -6
Oh no! I have a few of their books for my kids. That is sad It is! They’re doing a 40% off sale on everything with the code slumberkinsforall I may grab some stuff. Thanks for the code. I’ve been meaning to get the grief one. I missed getting it before our dog passed, but it would probably still be helpful.
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Post by gymngemini on Mar 11, 2023 13:44:23 GMT -6
I actually hadn’t heard anything about the bank stuff until this morning when a company I’ve purchased from (slumberkins) posted a very honest and sad letter about how their funds were there. They’re not sure how they’re going to continue… they’re doing a huge sale to try to help them coast through this crisis Then I came here to see if people were talking about it Oh shit. I know these ladies. I didn't even think about the not tech startups that would be effected. I guess Shopify had a lot of money with them and I know a few small businesses that have temporarily closed their sites until they know more about the situation. I had no idea how extensive this was. I'm so sorry for all those effected and for the stress of the unknown ☹️
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teraiin
Amethyst
Posts: 7,133 Likes: 19,548
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Post by teraiin on Mar 11, 2023 15:30:28 GMT -6
Oh shit. I know these ladies. I didn't even think about the not tech startups that would be effected. I guess Shopify had a lot of money with them and I know a few small businesses that have temporarily closed their sites until they know more about the situation. I had no idea how extensive this was. I'm so sorry for all those effected and for the stress of the unknown ☹️ Oh no! I have a couple of friends who use Shopify for their small businesses/boutiques.
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elle
Ruby
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Post by elle on Mar 12, 2023 7:36:58 GMT -6
I'm also seeing stuff about how the execs sold shares shortly before all this but I haven't dug into the links yet. Yeah there was a lot of chatter around that last week on Twitter.
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Post by blurnette989 on Mar 12, 2023 7:44:35 GMT -6
I'm also seeing stuff about how the execs sold shares shortly before all this but I haven't dug into the links yet. there is some chatter about peter thiel dumping stock then influencing some of the panic too that led to more people trying to pull money out, which led to the takeover.
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elle
Ruby
Posts: 17,968 Likes: 114,079
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Post by elle on Mar 12, 2023 8:57:57 GMT -6
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Post by goldenbird on Mar 12, 2023 9:19:54 GMT -6
It's so fucking ridiculous. And 💯 not her poor son's fault. He has urges and that girl should have dressed modestly and kept her legs shut. But at least now she has a precious grandbaby on the way! /s
They say they're against teen sex but a lot of these fundies and fundie-lite people are pushing marriage at 18 for their daughters and immediate impregnation. Frankly I'm surprised they're not actively having their 15+ year olds go ahead and get married. They are trying to make as many white supremacist holy babies as possible so why not? 🤬
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mc13
Sapphire
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Post by mc13 on Mar 12, 2023 9:48:23 GMT -6
I'm also seeing stuff about how the execs sold shares shortly before all this but I haven't dug into the links yet. Sold shares AND paid out all their exec bonuses.
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Bluebird
Amethyst
Posts: 6,397 Likes: 22,223
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Post by Bluebird on Mar 12, 2023 10:30:56 GMT -6
PDQ - SVB has been holding a $1.7M deposit that my bro’s company made 10 days ago and not clearing the funds. They have now been told that half will become available to them on Monday, and the other half in 3-6 months.
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dc2london
Admin
Press Secretary
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Post by dc2london on Mar 12, 2023 10:55:14 GMT -6
I actually hadn’t heard anything about the bank stuff until this morning when a company I’ve purchased from (slumberkins) posted a very honest and sad letter about how their funds were there. They’re not sure how they’re going to continue… they’re doing a huge sale to try to help them coast through this crisis Then I came here to see if people were talking about it I snagged a couple of Easter basket stuffers for my dd and niece's. A lot of their stuff is sold out so hopefully they will be ok.
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cnf
Ruby
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Post by cnf on Mar 12, 2023 11:20:33 GMT -6
I'm also seeing stuff about how the execs sold shares shortly before all this but I haven't dug into the links yet. They can join the guys being indicted on insider trading over the Kodak pharmaceuticals fallout.
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Post by goldenbird on Mar 12, 2023 13:03:30 GMT -6
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Post by enchanted on Mar 12, 2023 16:12:05 GMT -6
Bluebird That really sucks. I'm sorry. So many small businesses/start ups are scrambling and scared right now. I hate the "haha tech bros" takes I'm seeing. Zuck and friends are fine. They're not the ones hurting right now.
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Post by gymngemini on Mar 12, 2023 16:55:52 GMT -6
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Post by hugsfordrugs on Mar 12, 2023 17:52:16 GMT -6
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Bluebird
Amethyst
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Post by Bluebird on Mar 12, 2023 19:26:46 GMT -6
One of my other clients has most of their money at Signature Bank, which just failed today. This is such a fucking mess.
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Post by goldenbird on Mar 13, 2023 6:42:36 GMT -6
Jesus with more banks failing ☹️
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