The famous musicians Alexander “Alex” Pall and Andrew “Drew” Taggart of The Chainsmokers share a tech fund and heavily invest in tech creators.
FACTZ can confirm they both lost millions from the fall of SVB. We can also confirm that Alex Pall is taking the news way harder than his partner Drew Taggart.
Our source in their camp tells FACTZ, “Alex is more distraught for the funds they invested in. These companies can’t even make payroll; they must cease operations. Drew knows they will make the money back in three to four shows.”
We pressed on the total, “Around 3M.” Yes, M stands for million. This story is developing.
Dude banks are going down left and right… I tried to get cash at a bank the other day and they told me they are now a cashless bank…. necessary to say that account was closed on the spot..