Silicon Valley Bank - Are My Deposits Safe?

Nathaniel and Tim discussed the collapse of Silicon Valley Bank: what happened and what went wrong. First, unlike most banks, most of SVB's clients are not retail individuals/small businesses, but VC-funded tech/crypto startups. As you know, they are having a tough year. They are burning through cash and thus taking significant deposits out of SVB. SVB had to sell its long-term bonds/Treasuries at a loss to cover its withdrawals. The snowball started to roll from...