Day: March 10, 2023
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It is all about trust (and cash)
On March 10th, 2000 the Nasdaq peaked at the top of the dot.com bubble. Twenty-three years later to the day Silicon Valley Bank was taken over by the U.S. government (through the FDIC) as they were hit by a bank run and didn’t have the cash to pay customers withdrawing their capital. Silicon Valley Bank…
Henrik Torstensson's Weblog 