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The SVB Collapse, How the Government Responded, and the Era in Tech that Ended This Weekend

Sharp Tech with Ben Thompson

00:00

Introduction

The U.S. Treasury announced the resolution of Silicon Valley Bank on Sunday evening. Depositors will have access to all their money starting Monday, March 13. No losses associated with the resolution of SVB will be borne by the taxpayer. Ben: I'm not surprised that depositors are made whole. But first and foremost, what's your reaction to the resolution here?

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