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HDThoreaun
on March 11, 2023
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FDIC Takes over Silicon Valley Bank
Something like 60% of their assets were these bonds in December. They very well may have seen the other 40% withdrawn already by startups that can't raise anymore leaving them with this pile of 10 year 1.5% bonds.
Consider applying for YC's Fall 2026 batch!
Applications
are open till July 27.
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