Silicon Valley Bank’s Collapse Causes Strain for Young Companies – The New York Times

Having worked in the banking sector and having seen up-close how tightly regulated the industry is, I’m somewhat surprised that this sort of thing can happen at a retail bank.

On Friday, Roku, the TV streaming company, said in a filing that roughly $487 million of its $1.9 billion in cash was tied up with Silicon Valley Bank.

Where were the regulators in all of this?

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