The real reasons for the collapse of SVB (and potentially the prominence of S.F Bay area) and and the rise of the global digital bank for startups

Fed's QE followed by higher interest rates, lack of interest rate hedging and standard accounting practices and groupthink gone awry.

This is a fast-changing story. Here are are some updates as of Tuesday, March 14th: For the original article, scroll below

The story behind the story (not financial advice) on the SVB and Banking situation

✅ The Fed, Treasury, and FDIC, through a joint statement before markets opened in Asia (around 315 pm pacific on Sunday ) announced several measures to…