Big VC, Tech Got Backstop for Billions
Bloomberg Businessweek
00:00
The Top 10 Biggest Depositors at Silicon Valley Bank
The top 10 biggest depositors at Silicon Valley Bank as it was collapsing back in March. Sequoia Capital, which has about $85 billion in assets under management, had a billion dollars in deposits. The US government took the extraordinary step of stepping in and providing deposit insurance for those who lost their money.
Play episode from 01:59
Transcript
