Bloomberg Technology published this video item, entitled “Big VC, Tech Got Backstop for Billions in Uninsured SVB Deposits” – below is their description.
The FDIC’s decision to guarantee all accounts above the $250,000 federal deposit insurance limit didn’t just help small startups, but also tech giants in no real danger like Sequoia Capital, according to a new document from the FDIC, which the agency said it mistakenly released unredacted to Bloomberg News. Bloomberg’s Hannah Miller joins Ed Ludlow on “Bloomberg Technology.”
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