Last updated Nov 29, 2025
ventureeconomy
If Silicon Valley Bank depositors’ funds are not made available (i.e., are effectively lost), then many of the affected startups will run out of money and shut down within approximately one month of the SVB failure in March 2023.
If allowed to deploy that, it's going to return a multiple and a venture multiple 2345X. But if we destroy that money, these companies are going out of business next month.View on YouTube
Explanation

The prediction is explicitly conditional: if Silicon Valley Bank (SVB) depositors’ funds were effectively destroyed / not made available, then many affected startups would go out of business the next month.

What actually happened:

  • On March 10, 2023, SVB was taken over by the FDIC.
  • On March 12, 2023, U.S. regulators (Treasury, Federal Reserve, FDIC) announced that all SVB depositors would be made whole and have access to all their money, even above the standard FDIC limit.
  • Normal access to deposits resumed shortly thereafter, preventing the scenario of deposits being permanently lost.

Because the antecedent of the prediction (deposits destroyed / not made available) never occurred, we cannot empirically test the claim that “these companies are going out of business next month.” It is a counterfactual statement about what would have happened under a policy choice that was not taken.

Therefore, the accuracy of the prediction cannot be determined from real-world outcomes; the world where deposits were not honored did not occur, so we have no direct evidence on whether mass startup shutdowns within a month would have happened.

Conclusion: The correct label is "ambiguous": enough time has passed, but the prediction concerns a counterfactual scenario that never materialized, so it cannot be definitively judged right or wrong.