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What Was SVB And Why Did It Fail?

TechStuff

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Silicon Valley Bank

Sally Kohn: Silicon Valley Bank was founded by two casual poker players in the late 70s. She says they came up with an idea for a bank that could play an integral part in California's blossoming tech scene. But then, there was a run on SBB and it had to be taken over by the US FDIC. Kohn: There is a lot more to this story than what you've heard so far; we're going to get into it here.

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