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A comment on VC firms are urging founders to pull money from troubled Silicon Valley Bank. Parent comment

Re:VC firms are urging founders to pull money from troubled ... by iancarroll on Thursday March 09, 2023 @06:19PM (#35088265)
The bank can take your cash deposits and invest them, which is the problem occurring with SVB. In this case, your deposits are still insured via FDIC.

If you buy investment products from a bank, and they hold those for you, those are not insured via FDIC.

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