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Silicon Valley Bank: What Happened and Why

Founder's Journal

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How to Short a Bank and Make Money Off Equity Being Worth Less

The book value of Silicon Valley Bank's mortgages is only expected to get lower and lower. Less VCs are being invested, which means less deposits coming in for the bank. So, their cash deposits are going down just because every month they have all have less money in the bank. "You started to create this very, very challenging situation"

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