Roku, Roblox and other martech companies relieved by Silicon Valley Bank bailout
Martech
MARCH 13, 2023
On Friday SVB was taken over by government officials, following a bank run. government treasury bonds and it was selling a block of stock to increase its cash reserves. The government is now guaranteeing all funds on deposit with the bank. The run followed the bank’s announcement that inflation had cut the value of its U.S.
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