To The Moon

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.

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