The SVB Collapse, How the Government Responded, and the Era in Tech that Ended This Weekend
Sharp Tech with Ben Thompson
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Is the SVB Leadership Blaming the Fed?
SVB made a bet that interest rates would never rise, which was a very stupid bet. Silicon Valley bank more than most or more than anyone because they had such a misbalance in general. The Fed dragging its feet on this huge influx of money and all these supply chain issues is part of the problem. There's going to be a very long term effect.
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