# SVB downfall!

**URL:** <https://community.rapyd.net/t/svb-downfall/58492>\
**Category:** General\
**Tags:** open-discussion\
**Created:** [March 10, 2023, 11:59pm UTC](https://community.rapyd.net/t/svb-downfall/58492 "2023-03-10T23:59:44Z")\
**Posts on this page:** 8\
**Page:** 1

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**Author:** ![juliapak](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/juliapak/32/1832_2.png) [@juliapak](https://community.rapyd.net/u/juliapak)\
**Post date:** [March 10, 2023, 11:59pm UTC](https://community.rapyd.net/t/svb-downfall/58492/1 "2023-03-10T23:59:44Z")

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hope you guys were not tied to SVB!!

[![](https://us1.discourse-cdn.com/flex016/uploads/rapyd/original/3X/0/9/09abd94908779de35d0f39c7c0b98e5e0415cecb.jpeg "EMERGENCY POD: Jason on SVB implosion & what impacted founders should do") ](https://www.youtube.com/watch?v=V7VniWpD0dw)

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**Author:** ![Community\_Team](https://avatars.discourse-cdn.com/v4/letter/c/46a35a/32.png) [@Community\_Team](https://community.rapyd.net/u/Community_Team)\
**Post date:** [March 11, 2023, 12:26am UTC](https://community.rapyd.net/t/svb-downfall/58492/2 "2023-03-11T00:26:31Z")

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Wild!!

Amidst all the posts I’m seeing callouts for Starbucks gift cards. It made me think of our [conversation and your app](https://community.rapyd.net/t/making-a-coffee-app).

> <https://twitter.com/ShaanVP/status/1633909833928957952?s=20>

> <https://twitter.com/greg16676935420/status/1634305626397458432?s=20>

> <https://twitter.com/Pajuhaan/status/1634273340863938561?s=20>

> <https://twitter.com/roshanpateI/status/1634237323326963725?s=20>

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**Author:** ![Community\_Team](https://avatars.discourse-cdn.com/v4/letter/c/46a35a/32.png) [@Community\_Team](https://community.rapyd.net/u/Community_Team)\
**Post date:** [March 11, 2023, 12:27am UTC](https://community.rapyd.net/t/svb-downfall/58492/3 "2023-03-11T00:27:01Z")

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All jokes aside, my heart goes out to all the decision makers right now and the teams they oversee.

Here’s a resources that I read out of curiosity.

> **[FDIC: Deposit Insurance FAQs](https://www.fdic.gov/resources/deposit-insurance/faq/)**

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**Author:** ![juliapak](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/juliapak/32/1832_2.png) [@juliapak](https://community.rapyd.net/u/juliapak)\
**Post date:** [March 11, 2023, 12:53am UTC](https://community.rapyd.net/t/svb-downfall/58492/4 "2023-03-11T00:53:42Z")

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> [@Community\_Team](#):
>
> Amidst all the posts I’m seeing callouts for Starbucks gift cards. It made me think of our [conversation and your app](https://community.rapyd.net/t/making-a-coffee-app).
> 
> [https://twitter.com/ShaanVP/status/1633909833928957952?s=20](https://twitter.com/ShaanVP/status/1633909833928957952?s=20)

HA!! I would think gov debt (tbills) would be better long term hold!

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**Author:** ![juliapak](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/juliapak/32/1832_2.png) [@juliapak](https://community.rapyd.net/u/juliapak)\
**Post date:** [March 11, 2023, 12:54am UTC](https://community.rapyd.net/t/svb-downfall/58492/5 "2023-03-11T00:54:16Z")

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that only covers up to 250k…

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**Author:** ![juliapak](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/juliapak/32/1832_2.png) [@juliapak](https://community.rapyd.net/u/juliapak)\
**Post date:** [March 11, 2023, 1:21am UTC](https://community.rapyd.net/t/svb-downfall/58492/6 "2023-03-11T01:21:04Z")

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I think starbucks stock would be a good option. Even with their closures, they are a decent bet. I hope that SVB failure is not a black swan event!

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**Author:** ![juliapak](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/juliapak/32/1832_2.png) [@juliapak](https://community.rapyd.net/u/juliapak)\
**Post date:** [March 11, 2023, 2:49am UTC](https://community.rapyd.net/t/svb-downfall/58492/7 "2023-03-11T02:49:26Z")

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imagine having to make payroll today! un nerving!

> **[Silicon Valley Bank is shut down by regulators in biggest bank failure since...](https://www.cnbc.com/2023/03/10/silicon-valley-bank-is-shut-down-by-regulators-fdic-to-protect-insured-deposits.html)**
>
> The tech-focused bank was closed by regulators on Friday after attempts to raise more capital failed.

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<div class="post-metadata">

**Author:** ![juliapak](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/juliapak/32/1832_2.png) [@juliapak](https://community.rapyd.net/u/juliapak)\
**Post date:** [March 13, 2023, 4:28am UTC](https://community.rapyd.net/t/svb-downfall/58492/8 "2023-03-13T04:28:13Z")

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Looks like the government will fully support all deposits, even the ones above 250k (i am pretty sure). the government is backstopping but won’t do a bailout. Low interest rates likely caused this. FDIC and regulators will deal with it. I wonder if there is a buyer?!

[![](https://us1.discourse-cdn.com/flex016/uploads/rapyd/original/3X/4/0/40e6ed503fd5fe8f12550d6107f256df8bd22874.jpeg "The goal is to 'avoid' a crisis with banks, 'not to deal with it': Full Menendez") ](https://www.youtube.com/watch?v=PWItdQTqKLY)