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6min chapter
The SVB Debacle: The Biggest Myths, the Out-of-Control Blame Game, and the Worst Takes
Plain English with Derek Thompson
The Demise of Silicon Valley
Silicon Valley Bank was a huge beneficiary of what you're referring to as LARP. If you were a text venture backed startup, there was a one and two chance that you banked at Silicon Valley. The Fed took interest rates to zero appropriately so and they left them there for way too long. None of this happens without the pandemic.
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