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Current List of Companies With SVB Deposits
@LCapitaljr：
Current List of Companies With Silicon Valley Bank$SVB Financial Group(SIVB)$ Deposits: 1. Circle: $3.3 billion 2. Roku$Roku Inc(ROKU)$ : $487 million 3. BlockFi: $227 million 4. Roblox$Roblox Corporation(RBLX)$ : $150 million 5. Ginkgo Bio$Ginkgo Bioworks Holdings Inc.(DNA)$ : $74 million 6. iRhythm$Irhythm Technologies Inc.(IRTC)$ : $55 million 7. Rocket Lab$Rocket Lab USA, Inc.(RKLB)$ : $38 million 8. Sangamo Therapeutics$Sangamo BioSciences(SGMO)$ : $34 million 9. Lending Club$LendingClub(LC)$ : $21 million 10. Payoneer$Payoneer Global Inc.(PAYO)$ : $20 million The worst part? These are only the companies that have disclosed their exposure SO FAR. SVB has nearly $200 billion in deposits with 97% of those deposits above the $250,000 FDIC limit. This can't end well. Over the next few days, we will begin hearing of many more companies with exposure to SVB. Nearly 50% of all VC-backed startups in the United States did business with SVB. Follow us, Very important week ahead. https://www.investingnote.com/users/Amateur_Diary#/all
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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