Ask HN: Is SVB collapse orchestrated by crypto bros like Balaji?
SVB collapse is an artificial one aggravated by rumors. Is there a chance that crypto influencers could be behind this?
No
If by "chance" you mean "in a hypothetical alternate universe where crypto 'influencers' actually exist, AND people care about them" ...
The answer's still "no"
You don't need to postulate an additional extraneous role for "crypto influencers." The spark was general knowledge of those struggles, that the bank itself announced right before the run. The bank had also been badly run for years. This was also known and written about.
I think this theory gives way too much supposed power to crypto influencers. It's like blaming the rain on Bigfoot. There's a line in a book I like. Paraphrasing, but...
"You're not big enough for God to care that much about your sins."
Short answer: No.
Long answer: No, they were VCs.
Many other people had a reason to pull out large deposits because they were afraid to get them back. Crypto bros may have been part of this crowd but the stampede would have happened without them.