Companies are starting to file 8K’s for Silicon Valley Bank exposure. Here’s the link where you can sift through them. Some aren’t material such as Un drawn credit lines. Others have up to 26% of their cash in the bank.
@nathanworden Ya I don’t know? They do have lots of cash in other banks but depends how long this goes for. May even force them to pivot to be more cash sensitive going forward which may not be a bad thing. Some of these companies may get the sobering splash of water they need to right their cash burn? Hopefully anyway lol