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*Unlocked* – 241. Euthanasia of Silicon Valley Bank (ft. Brian Merchant)

This Machine Kills

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Silicon Valley Bank

Silicon Valley Bank is no more. The bank was a crucial financial institution for Silicon Valley, which people don't didn't focus of any attention until recently. SBB bought boring old government bonds before the Fed started hiking interest rates. Now those since we're in this period where interest rates have gone, all of a sudden, like the money's not so cheap, VCs are sort of tightening their purse strings.

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