5 Signs of SVB’s potential implosion from last year

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Here is a grossly oversimplified version of events:

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SVB gets lots of cash deposits over the past two years from startups and VCs.

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They use that money to buy dumb, underperforming securities like mortgages with a 1.75% interest.

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Some stock sales happen in February 2023 from the CEO that, in retrospect, could be “problematic”.

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SVB’s customers start pulling out cash faster than SVB can handle.

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It gets so bad that SVB ends up being technically insolvent last September.

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Know In Detail

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