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What is Silicon Valley Bank?
SVB was one of the 20 largest banks in the U.S. It served mostly tech companies, including Roku, which makes streaming devices, and the gaming company Roblox.
Why did SVB fail?
SVB collapsed because of a bank run. That’s when a bank’s customers try to take out all of their money at the same time because they no longer trust the bank. In just hours, SVB’s customers withdrew billions of dollars.
Books
Testing 502 Error with new article - 600 RL
November 8, 2023
this is the body of the article
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Books
Testing 502 Error with new article - 600 RL
November 8, 2023
this is the body of the article
Audio
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