Silicon Valley Bank got a ton of deposits in very short order over the last couple of years because all of their clients were just getting huge. SBB kind of didn't have a place to put it, right? You need to take some risk with your money to make money to continue running your businesses at a bank. All their clients were flush with cash and didn't really need credit so they ended up taking a lot of duration risk.

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