Why Silicon Valley Bank Collapsed
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Silicon Valley Bank - What Happened?
Tech booms before it busts. What this means for Silicon Valley Bank is that their deposit base, their customer base expands a lot really fast. The bank sort of doubles or triples in size just by people keeping regular old money in regular old accounts at Silicon Valley Bank. And like every bank in America, what do they do? They take deposits and they loan most of that, but not all of that money out.
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