"Roku, the maker of the streaming media player, said in a U.S. Securities and Exchange Commission filing on Friday that roughly $487 million, or 26 percent, of its $1.9 billion in cash was tied up with Silicon Valley Bank"
(this was not very clever of them! But it seems to have been encouraged among the SV community?)
https://www.nytimes.com/2023/03/13/business/svb-collapse-com...
"Roku, the maker of the streaming media player, said in a U.S. Securities and Exchange Commission filing on Friday that roughly $487 million, or 26 percent, of its $1.9 billion in cash was tied up with Silicon Valley Bank"
(this was not very clever of them! But it seems to have been encouraged among the SV community?)