2023-03-12
Worth reading on the SVB crisis... “The Demise of Silicon Valley Bank - by Marc Rubinstein” As at the end of 2022, it had 37,466 deposit customers, each holding in excess of $250,000 per account. Great for referrals when business is booming, such https://www.netinterest.co/...... https://twitter.com/...
Bloomberg
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...
2023-03-11
Worth reading on the SVB crisis... “The Demise of Silicon Valley Bank - by Marc Rubinstein” As at the end of 2022, it had 37,466 deposit customers, each holding in excess of $250,000 per account. Great for referrals when business is booming, such https://www.netinterest.co/...... https://twitter.com/...
Net Interest
A closer look at the collapse of Silicon Valley Bank, the 16th largest US bank whose unrealized losses snowballed from $0 in June 2021 to $16B by September 2022
Markets/Econ — General Sherman's memoirs about the Page & Bacon 1855 bank run in San Francisco. Mike / Nongaap Investing : SIVB: Held-to-Mortem Governance Tweets: Mike / @nongaap...
Worth reading on the SVB crisis... “The Demise of Silicon Valley Bank - by Marc Rubinstein” As at the end of 2022, it had 37,466 deposit customers, each holding in excess of $250,000 per account. Great for referrals when business is booming, such https://www.netinterest.co/...... https://twitter.com/...
Bloomberg
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
Programming note: Money Stuff was supposed to be off today, but: bank run! — SVB
2022-05-23
“Broadcom in Talks to Acquire Cloud Company VMware” This will be a big one in the sector....VMWARE may go closer to $45-50 billion.. https://www.bloomberg.com/...
Bloomberg
Sources: Broadcom is in talks to acquire VMware, which has a ~$40B market cap; the discussions are ongoing and there's no guarantee they will lead to a purchase
Broadcom Inc. is in talks to acquire cloud-computing company VMware Inc., according to people familiar with the matter …