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Silicon Valley Bank went 'woke' rather than focus on its shareholders, Home Depot co-founder says
Global lending firm Silicon Valley Bank, which has mainly served tech companies and venture capital firms, collapsed last week after 40 years in business, and now some are blaming the company's recent "woke" business practices for its demise.On Friday, the California Department of Financial...www.theblaze.com
“While some have blamed the collapse on volatile bond markets and rising interest rates, others — including Home Depot co-founder Bernie Marcus — have claimed that the company became too focused on "woke" issues, like LGBTQ+ activism and environmental alarmism, rather than their shareholders.”