Silicon Valley Bank's three fatal flaws
Publisher |
NPR
Media Type |
audio
Podknife tags |
Business
Economics
Categories Via RSS |
Business
Publication Date |
Mar 14, 2023
Episode Duration |
00:09:28
For decades, Silicon Valley Bank was the bank for thousands of startups and tech companies in the Bay Area. No longer. SVB's sudden failure last week has roiled the tech world. And it forced regulators to step in as concerns grew about the wider financial system. On today's episode, we look at what happened at SVB, and the three reasons that made the bank especially vulnerable to collapse.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

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