Silicon Valley Bank - Lessons From the Collapse of SVB

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Tech was already in deep trouble, which is part of the reason this whole mess happened. Lots of other banks like JP Morgan have stepped in and tried to fill the void but there's not an equal to Silicon Valley Bank. Another thing I think banks will look at is their deposit base because it was banking all the same people who all happened to be on Twitter.

SVB’s collapse is the biggest bank failure since 2008. Insider’s Ben Bergman explains why the bank collapsed, why the Biden administration intervened, and what this means for the economy writ large.

This episode was produced by Avishay Artsy and Victoria Chamberlin, edited by Matt Collette and Amina Al-Sadi, fact-checked by Laura Bullard and Amanda Lewellyn, engineered by Paul Robert Mounsey and Patrick Boyd, and hosted by Noel King.

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