The SVB Collapse, How the Government Responded, and the Era in Tech that Ended This Weekend
Sharp Tech with Ben Thompson
00:00
Silicon Valley Bank - What's the Solution?
FTSE: Silicon Valley Bank had assets of $100 billion. FTSE: There is money to backstop that two hundred thousand dollars, but it can also be used for other purposes. The solution here that was just announced a couple hours ago is... Because there's other banks, no bank was in bad shape at Silicon Valley bank. In part, because they had this extreme situation where they had all these deposits.
Transcript
Play full episode
