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From Reddit r/OutOfTheLoop One Redditor wrote: Answer: at an ELI5 level, Silicon Valley Bank (SVB) is a bank that focuses on providing services to startups and entrepreneurs. Many companies use it to hold funds that they receive from venture capitalists. In 2021, the market was soaring and startups were getting …
Read More »From Reddit: What is the deal with Silicon Valley Bank? : r/OutOfTheLoop
