These people pretend to be the stewards of innovation, bringing society forward by building great new technologies but in reality they are just rich gamblers who have no interest in building anything, and the last few years have devoted their efforts to pumping and dumping garbage companies on the public in the form of IPOs/SPACs.

And now their bank, which behaved recklessly, failed and they suffer no consequences, the costs of 100% deposit insurance offloaded onto every other sector of the economy.