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The size of JPM would've made it so a bunch of VC funds abruptly withdrawing all their money would look like a tiny drop in the bucket rather than a bank-destab
by solarpunk 4y ago
The size of JPM would've made it so a bunch of VC funds abruptly withdrawing all their money would look like a tiny drop in the bucket rather than a bank-destabilizing balance sheet issue.
JPM banks in the trillions; SVB, 200 billion.
- qwytw 4y agoThen a better questions is why would they suddenly decide to withdraw their money if the had deposited it at JPM?