How will the Silicon Valley Bank failure affect software engineers and tech startups? Find out why SVB got into trouble and what it means for the average programmer.

#tech #svb #thecodereport

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🔗 Resources

Silicon Valley Bank News https://www.cnbc.com/2023/03/1....2/heres-what-could-h
USDC Depeg News https://www.forbes.com/sites/d....igital-assets/2023/0
Is coding really dead? https://youtu.be/Zs9Tifup1Bc
Tech Trends 2023 https://youtu.be/1v_TEnpqHXE

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🔖 Topics Covered

- How did SVB collapse?
- Simple explanation of Silicon Valley Bank failure?
- Will SVB customers get their money back?
- Why did USDC Depeg?
- Outlook of the tech Job Market

Jonathan Capehart and Rep. Katie Porter discuss the Federal Deposit Insurance Corp. (FDIC) taking control of Silicon Valley Bank and its deposits after the bank shut down in what is the largest U.S. bank failure since the global financial crisis more than a decade ago.

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#SiliconValleyBank #Finance #Bank

The abrupt closure of three banks in a matter of days is continuing to ripple across the American economy. CBS News national correspondent Errol Barnett joined John Dickerson on "Prime Time" with the latest on the Silicon Valley Bank's collapse. Then, Jeff Guo, co-host for NPR's "Planet Money," helps break down what exactly happened to SVB.

#news #economy #siliconvalleybank

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CNBC’s Jim Cramer weighs in on the recent news surrounding Silicon Valley Bank. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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On today's episode of On the Margin, Weston Nakamura, the latest addition to the Blockworks team joins the show to discuss his brand new podcast Market Depth! You can follow the links above to listen to the first episode of Market Depth.

Following the collapse of Silicon Valley Bank, Mike and Weston discuss the market reaction and subsequent historic moves in the bond market, which saw the largest decline in the 2Y treasury yield since 1982. We also discuss broader implications on global markets, the BoJ's passing of the guard as Kuroda leaves office and how markets have seemingly shrugged off the SVB collapse. To hear all this and more, you'll have to tune in!
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In an extraordinary action to restore confidence in America’s banking system, the Biden administration on Sunday guaranteed that customers of the failed Silicon Valley Bank will have access to all their money starting Monday. #siliconvalleybank #CNN #ArletteSaenz

A favorite of the tech industry, the bank began running into trouble when clients started withdrawing money and the bank couldn’t meet the demand.

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#WNT #SiliconValleyBank #Regulators #ShutDown

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Financial Disclaimer:
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⚠️ Very important: ⚠️
- please do not reply to anyone with the MCO logo in the YouTube comments who sends you a Whatsapp number. This is scam!
- please do not join any other MCO Telegram channel than the ones you received the links for. These are all scam!
- You find the official Social Media links down below in the description section.
-----------------------------------------------------------------------------------------

☕️ Caffeine:
For additional support you can now buy me a coffee ;-):
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-----------------------------------------------------------------------------------------

Financial Disclaimer:
We are no financial advisors. The ideas presented in this video are personal opinions and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. Ideas presented in this video are my opinions at the date of recording and may have changed after recording.