010 Rich on Tech Radio Show - March 11, 2023
Rich On Tech
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Silicon Valley Bank - What's Going to Happen?
As of December 31st, Silicon Valley bank had approximately $209 billion in total assets and about $175 billion in deposits. The repercussions of this are still very undetermined. We don't know how people are going to react. In fact, I would gather that even folks that have business at other banks will say, hey, I want some of my money back right now.
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