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4min chapter
Andy Rachleff on SVB, how to evaluate VCs, market pull indicators, Wealthfront, and more | E1699
This Week in Startups
Assessing FDIC Insurance in Modern Banking
This chapter examines the sufficiency of the $250K FDIC insurance limit amid contemporary banking challenges and media-induced panic, particularly illustrated by the Silicon Valley Bank crisis. It also contrasts FDIC with SIPC insurance, discusses the bank's risk management failures, and clarifies the misconceptions about external influences on the financial turmoil.
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