2min chapter

Down to Business English cover image

The Silicon Valley Bank Collapse

Down to Business English

CHAPTER

The Mismanagement of Silicon Valley Bank's Cash

Silicon Valley Bank is holding all of this cash, which they can't make any money on by loaning it out. In 2022, SVB provided banking services to almost half of US venture-backed tech and life science firms. 44% of tech IPOs or initial public offerings in 2022 were SVB clients.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode