What should happen #SVB: We need a new word (besides “bailout”) for when shareholders, unsecured debt holders & management get wiped out, but we make depositors whole x.com/profgalloway/s…

THE DEAL IS DONE. HSBC will acquire SVB UK. Story here: ft.com/content/216b19… Details to come...

This is brilliant news for the UK tech sector and a great outcome for HSBC UK, the taxpayer and the Government. Kudos to all, as well as all the people working through the weekend in the tech sector to make this happen. Particularly Dom Hallas and @Coadec.

Fantastic result today for customers of SVB UK is now HSBC Innovation Banking UK and the whole of the UK’s tech ecosystem. Major kudos to HM Treasury for their hard work this weekend and to HSBC UK for stepping up to ensure financial stability! 🙏

A fantastic result for the future of our tech ecosystem. The tireless effort to secure this outcome over the last 72 hours demonstrates how this community comes together. A huge thank you, in particular, to Dom Hallas, HM Treasury & Bank of England sifted.eu/articles/hsbc-…

HSBC UK Dom Hallas @Coadec Well done Rishi Sunak Sir Jeremy Hunt MP Bank of England British Business Bank - and thank you to the journalists covering this so well Katie Prescott Amy Lewin and data from Yoram Wijngaarde Dealroom.co

🗞️ NEW POD 🗞️ On this week's news show hosts @RossGallagher07 and David Barton-Grimley are joined by: 🎙️ Michelle He // Abound 🎙️ David Jarvis // Griffin 🎧 Listen now 👇

1960, Orson Welles explained how he wrangled complete creative control for his first film, Citizen Kane, as well as the value of “ignorance” to break through old ideas.

Sylvia Plath with the Monday tough love:

i've been painting and putting together this little pixel 3d world it's not a game yet.. (but RT if you'd play it 😇) #indiedev #screenshotsaturday

Next time we’re worried about bank stability we should just ask Sam Altman to put out an OpenAI press release

ChatGPT and all the other AI tech can’t be that bad if you’re using this simple test

What moral hazard❓ Our CEO, David Jarvis writes on the risks of inadequate deposit insurance coverage in this BusinessCloud.co.uk piece. 📖: businesscloud.co.uk/opinion/what-m… #bank #fintech #Griffin

Spend less time on "two-way door" decisions than "trapdoors." If the decision is reversible, the cost of analysis paralysis is often worse than making the wrong decision and reverting. (Originally a model from Amazon.) -- Kevin Graham at MicroConf

Is Microsoft trying to acquire Dairy Queen???

My fellow tech nerds: what do you recommend in terms of videoconferencing gear for meeting rooms?

About once a week, people will ask to meet with me and then pitch the scammiest, most evil product and then be like “how can I make it go viral?” and I just say “find god” and hang up.

omg

The most important thing that came out of Standard Treasury was serving as the kernel of inspiration to David Jarvis to found Griffin, and Chris Dean and Jim Brusstar to found Treasury Prime. Ideas are cheap, execution is everything -- and both executed! juxt.pro/blog/clojure-i…