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I already admitted to being a layman, but I'm referring to SVBs venture debt offerings. I was under the understanding that the SVB collapse was so devastating (
by teqsun 2y ago
I already admitted to being a layman, but I'm referring to SVBs venture debt offerings. I was under the understanding that the SVB collapse was so devastating (and the reason there was the government bailout that went above FDIC) was because the lucrative venture debt offerings SVB had were contingent on having all your money and payroll through the SVB account.