Business
What SVB Fallout Means for Startups, Venture Capital
Passion Capital Investments Partner Eileen Burbidge says her company does have exposure to Silicon Valley Bank through some of the companies they are invested in and discusses what the bank’s issues mean to startups and venture capital firms with Francine Lacqua on “Bloomberg Surveillance Early Edition.”
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@Raymondjohn2
January 6, 2024 at 11:03 am
About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?
@naomigonzales9663
January 6, 2024 at 11:03 am
The failure of Silicon Valley Bank has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k stocck portfoliio, what’s the best way to take advantage of this bear market?
@altarique123
January 6, 2024 at 11:03 am
Make banks boring again for the CEOs, CFOs , directors and all employees including customers like 1900s by regulating hard and trust me they will not crush again.
@user-sy3dg1vk4x
January 6, 2024 at 11:03 am
PRAYERS 🙏 BY RAVINDER TALWAR JALANDHAR CITY PUNJAB INDIA 🙏
@dougmatthews
January 6, 2024 at 11:03 am
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 200K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a Fin-Advisor) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
@imawesome1822
January 6, 2024 at 11:03 am
Lol woke ass bank
@CaveManOogaBooga
January 6, 2024 at 11:03 am
I thought these bc smart they invest in need who make good presentation instead of actual small business that proven themselves with cash flow etc
@CaveManOogaBooga
January 6, 2024 at 11:03 am
Maybe these VC instead of blindly investing in some lame app idea actually look into small businesses that have shown positive cash flow and seriously have potential not just in tech and not simply for nerd who make some lame app that not proven yet!
@hstad100
January 6, 2024 at 11:03 am
Classic example of the Hubris by the so-called smart people in Silicon Valley all banking at the same Bank. Honestly, such a concentration in one industry is rare. Moreover, the concentration in High-Tech, which is riskier vs. other industries, is rarer. Surprised by the auditors at the Fed did not tell them to diversify many years ago. What I don't understand that a healthy Bank like SVB can have a run. Of the $200 billion in assets – $120 billion was in Cash and Treasuries. All the Bank had to do is pledge Treasuries to the Fed. I guess the VC crowd induced this run. Good investigation of this cabal is needed.
@josenewtoncostacosta8079
January 6, 2024 at 11:03 am
rich people will surely wake up much richer. but the upper and lower middle classes together with the millions of poor people will wake up with a rope around their necks
@richditlevsen4225
January 6, 2024 at 11:03 am
Get out probably too late Monday though
@numnum5
January 6, 2024 at 11:03 am
So optimistic.
@marvelcomiks8078
January 6, 2024 at 11:03 am
Every single senior Bank Executive hired by SVB should be made to cough out their bonuses and salaries they have taken over the last 5 years. They were the ones who steered the bank into this state and they are the ones who have taken all the credits and monies and bonuses. And now others are paying for it? Oh my goodness.
@888ssss
January 6, 2024 at 11:03 am
if they get bailed out, i am stopping my taxes.
@josenewtoncostacosta8079
January 6, 2024 at 11:03 am
I don't see any problems; to solve the financial problem of the SVB all it takes is the sleepy pres. BIDEN authorizes the Fed to print an additional $2 trillion and bail out the SVB and other Silicon Valley banks once money printing has become fashionable in the UNITE STATES. 😂😂😂😂😂😂😂😂
@TheVietnameseDevil
January 6, 2024 at 11:03 am
hurr durr my name is peter “obitoe” thiel and i’m an idiot pedophile who’s about to lose his investors tons of money
@TheVietnameseDevil
January 6, 2024 at 11:03 am
SiLiCoN vAlLeY
@K11763
January 6, 2024 at 11:03 am
Majority lenders will be from H1 visa IT people from India probably, without having a green card they are given all sorts of loans from buying properties to taking business loans and guess what majority of that money will be funded to facist govt RSS terrorist organization in India. Time to wake up common people check the currupt corporate and politicians who got them here on this visas here in US without any background check on them who and what they are, what harm they can do to companies and other institutions in US
@enemyofthedeepstate5978
January 6, 2024 at 11:03 am
I fully endorse affirmative hire banks looking after other peoples money.😄
@douginorlando6260
January 6, 2024 at 11:03 am
First …. This bankruptcy robs half the start ups of the cash needed to continue. Nearly all the startups had much more than the $250,000 FDIC insured amount. This will end innovative new products in their tracks (beginning Monday employees will not be payed).
Second …. Many banks have done the same thing as SVB … invested in long term T bonds for a better return. But because the Federal Reserve is doubling the rate of return, existing bonds have lost half their value. This makes the banks insolvent and vulnerable to a bank run.
Third …. Many Pension funds have also invested in long term bonds and now are incapable of making good on future pension payments.
Fourth …. Then it gets worse with Bank Bail Ins when the FDIC insurance funds are depleted.
@Teddy-ic6nj
January 6, 2024 at 11:03 am
PayPal it is!
@andrewnielsen6498
January 6, 2024 at 11:03 am
Funny to hear this now that the bank is dead.
@LemonHillSoccer
January 6, 2024 at 11:03 am
3rd year of bidenomics and you want to do a startup? Well you deserve the risks and bankruptcies then.
@sheryazkhan1680
January 6, 2024 at 11:03 am
American Banking system is going to collapse 😌🔥 Hail Jerome Powell
@Steven-xf8mz
January 6, 2024 at 11:03 am
Startup or not, these companies aren't in the business to evaluate financial risk or banking risk. Best to take your money and run to another bank, reality is no one knows and people are always talking about running away in hindsight analysis.
@ayenewwolde4393
January 6, 2024 at 11:03 am
so what happens to start up employee stock option. stripe is already a head spinner
@Mrslykid1992
January 6, 2024 at 11:03 am
I put all my cash in SVB
@erlinghaaland5716
January 6, 2024 at 11:03 am
Why couldn't the investors invest It in treasuries themselves rather than giving it to this dumb bank
@philipquaglino
January 6, 2024 at 11:03 am
Bank run on an otherwise healthy company. This can EASILY happen to JPM, WF, BOA…all you need are people in mass to go to banks and start asking for cash. Hell…local branches could not cover you today.
@amielvasco3503
January 6, 2024 at 11:03 am
Are the assets SVB has actually assets?
@theabhishekmondal
January 6, 2024 at 11:03 am
American Scam bank🤣🤣🤣