emizeko [they/them] to

technology • 2 years ago

Roku discloses it has $487 million in deposits at failed Silicon Valley Bank. That’s 26% of its cash.

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Roku discloses it has $487 million in deposits at failed Silicon Valley Bank. That’s 26% of its cash.

emizeko [they/them] to

technology • 2 years ago

Streaming company Roku said in an SEC filing that it held nearly a half-billion dollars at failed bank SVB, highlighting the worries across tech.

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mkultrawide [any]
·
2 years ago
Not just tech start ups. My former employer is a healthcare company that uses the bank because the PE fund that owns it insisted upon it.

link
- ProfessorAdonisCnut [he/him]
  ·
  edit-2
  2 years ago
  We love a free market don't we?
  
  link

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