
Episode 275: Planet Money
TrueAnon
00:00
The Importance of a Bank
Silicon Valley Bank was started in the early 80s and they lent to a lot of startups. It's both like materially very important but also kind of personal for some of these guys. The big issue now is that a lot of companies had, you know, deposits there over 250K a day. And it's funny because some of this happened because of the big crash that's already been happening in tech. But I will say yeah, the big, the big fishy's shall be eating the little fishies very soon.
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