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Could SVB Be a Contagion for Regional Banks?
Bloomberg Businessweek
What Are You Doing in Your Own Fund?
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SBB was the top 20 bank in the US, even though most folks listening today probably never heard of it a week ago. SBB is a very unique animal where their entire business model was focused on the startup and venture capital community. There's no other bank that's public today that really does that of SBB size. This is not regional banks, right? These are institutions that are very focused on this niche. But nobody has that type of exposure to that extent.
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