[tomato_123]

> If you banked at SVB, you should not be punished, you in good faith put $300,000 of your companies revenues into your account (IT SHOULD BE SAFE) and that will let you pay your employees and bills for the next few months, the bank fails, you should not fail.

$250,000 is safe. Ya'll are apparently intelligent people. You can read the most basic fine print.

[AH4oFVbPT4f8]

They put excess of 250k because of the expectation of a higher return. Depositors took the risk when they deposited the 250001the dollar into the account. SVB owners lobbied to reduce regulation, won, and now they got what they asked for.

Account holders should have their 250k covered and not a cent more unless the owners/shareholders of SVB foot the bill.

[cirrus3]

exactly.. they chased higher returns at a risk and lost. BOO HOO.

[cirrus3]

Roku had $487 million of its $1.9 billion at Silicon Valley Bank. 250k of that was insured. At some point this is just people being dumb and should be punished.

[NonEUCitizen]

Roku CFO and board finance committee members should be fired.