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Will all the private assets that have avoided markdowns since the downturn be forced to get re-valued when a new entity buys SVB? They’d have to I assume to va
by yellow_postit 4y ago
Will all the private assets that have avoided markdowns since the downturn be forced to get re-valued when a new entity buys SVB?
They’d have to I assume to value their new books.
If yes that’s a lot of valuation haircuts.
- cragfar 4y agoMark downs are partially what caused SVB to spiral.
- ttul 4y agoAny buyer would do their own diligence and assign their own estimated value to the assets. I believe there will be a healthy competition for SVB despite their current problems. Many other banks have long wished to establish a presence in the tech world, where SVB has for a very long time been a leader.
- eqmvii 4y agoCNBC has been reporting all morning that their deposits are evaporating too fast for a sale. I’m expecting receivership before Monday.
- kgwgk 4y ago> I’m expecting receivership before Monday. It’s done.
- samstave 4y agoWhere can one find a list of companies that have primary banking through SVB?
- ttul 4y agoIn SVB’s computer.