Will Startups Learn These Important Lessons After the Silicon Valley Bank Collapse?
The FDIC was forced to take over SVB Financial's (OTC: SIVB.Q) Silicon Valley Bank on March 10, after depositors withdrew tens of billions of dollars in days, rendering it insolvent. The bank's management did its share of damage, but years of easy money had led to lax cash management habits for its start-up customers. In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss some big lessons they hope companies learned in the aftermath.
*Stock prices used were from the afternoon of March 17, 2023. The video was published on April 2, 2023.
Source Fool.com
