At 9:15 AM, he logged off.
This is where the Pastebin story gets juicy. According to the leaked chat logs, a junior associate at (a major VC) read the SEC filing. He saw the $1.8 billion loss. He didn't read the fine print about the back-up capital raise. site%3apastebin.com+silicon+valley+bank
Reply: "He is on a private jet to the Napa Valley office. He is not taking calls." At 9:15 AM, he logged off
He texted his group chat: "SVB is insolvent. Pull your money now." At 9:15 AM
And somewhere on a hard drive, svb_bloodbait.txt remains the perfect tombstone for the first bank killed by a group chat.
March 9, 2023
At 9:45 AM, an employee asked, "Where is Greg?"