Great and well written article! Things seem to be changing quick but thankfully, from your article and what else I'm reading, it looks like the fallout from the collapse of SVB will be nowhere near on the scale of 2008 🤞
Thanks! It looked like it was touch and go up until yesterday, but great news that the contagion should be contained. There is still some risk SVB is more the symptom than the cause though. There could be other banks in similar situations. But the fact SVB was highly exposed to startups / tech could make it the exception rather than the rule.
Great and well written article! Things seem to be changing quick but thankfully, from your article and what else I'm reading, it looks like the fallout from the collapse of SVB will be nowhere near on the scale of 2008 🤞
Thanks! It looked like it was touch and go up until yesterday, but great news that the contagion should be contained. There is still some risk SVB is more the symptom than the cause though. There could be other banks in similar situations. But the fact SVB was highly exposed to startups / tech could make it the exception rather than the rule.