The Phone Call That Broke Silicon Valley Bank

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  • Опубликовано: 2 ноя 2024

Комментарии • 227

  • @slidebean
    @slidebean  Год назад +30

    Is there something more counterproductive than saying "don't panic" to keep people from doing exactly that?
    Anyway, remember to check Slidebean out if you are looking for help to scale your startup ►yt.slidebean.com/kpo

    • @studytime2570
      @studytime2570 Год назад

      adani, hindenburg , but us.

    • @John-tx5or
      @John-tx5or Год назад

      Lemme Git A C'LOAN`e.

    • @John-tx5or
      @John-tx5or Год назад

      24hr... Gift Card. Predatory Lending by Depositors??? Yep, The OLD News Creates TrainWreckz, NO AVOIDANCE GUIDANCE?

    • @lowwastehighmelanin
      @lowwastehighmelanin 10 месяцев назад

      yea, do what my friend's boss did and threaten them IN SLACK for panicking.

  • @tetchuma
    @tetchuma Год назад +59

    “Screw the government; We want deregulation!”
    - Bank fails.
    “Help us, government!!!”

  • @reaganmugisha2848
    @reaganmugisha2848 Год назад +186

    Guys lets all agree.. this is better than watching half baked news on TV

    • @micosstar
      @micosstar Год назад +3

      exactly!

    • @evanthesquirrel
      @evanthesquirrel Год назад +3

      TV news is for retirement homes and waiting rooms. I want my talking heads available on demand. And I want them to disagree with each other sometimes. I want them to disagree with me sometimes.
      I love Folding Ideas. He's had a number of in depth well researched well written well produced videos on important topics. Sometimes I disagree with the finer points or his own biases he includes. And I'm a complete transphobe so I think his friendship with numerous degenerates and deviants is pitiable, but I still support his content.

    • @redbutterfly88
      @redbutterfly88 Год назад +1

      Sorry but everything he said i already heared it from news

    • @reaganmugisha2848
      @reaganmugisha2848 Год назад +2

      @@redbutterfly88 this video came out before news articulated the matter

    • @LUCKSOMNIXDIABLOTHEONEABOVEALL
      @LUCKSOMNIXDIABLOTHEONEABOVEALL Год назад

      ​@@reaganmugisha2848No it didn't. You could find everything he said in the news.

  • @cecylinzey5390
    @cecylinzey5390 Год назад +20

    Just want to recognize the insane amount of work that went into this. My hat goes off to everyone behind this production

  • @itsthesoup11
    @itsthesoup11 Год назад +114

    This was extremely well detailed, well paced, and high quality. Fantastic job by the Slidebean team explaining an ever-evolving situation. This is why I love this channel and what you guys do.

  • @benfarryt
    @benfarryt Год назад +2

    Wait this was done in 40 hours? Holy crap.... great work yall

  • @stompgrounds
    @stompgrounds Год назад +58

    Not gonna lie, I was hesitant on watching this because I’d already watched many vids on SVBs collapse and didn’t want to hear the same somewhat boring story.
    I’m glad I did because this was by far the best explanation of the collapse and the circumstances that led to it. There’s a lot of details that even top RUclipsrs didn’t mention.

    • @kinuthiamatata6040
      @kinuthiamatata6040 Год назад +5

      To be honest I'm only watching cause of this comment

    • @damienhe
      @damienhe Год назад +3

      ​@@kinuthiamatata6040 to be honest I only watched this video because of this comment on the comment on the video

    • @micosstar
      @micosstar Год назад +2

      reletable, especially after watching ColdFusion's analysis take on it

  • @masteradit6408
    @masteradit6408 Год назад +32

    This is one of the best videos I have watched on RUclips recently. The way everything is explained and the quality of the video, it just feels amazing! Keep up the good work team and all the best for your future videos as well!

  • @AeroPR
    @AeroPR Год назад +8

    What an amazing job you guys did in summarizing and explaining the issue. Best explanation so far

  • @nissarahamed
    @nissarahamed Год назад +20

    Your explainer videos are always amazing. And this is one of the best videos on the SVB collapse. well done!!

    • @Bambotb
      @Bambotb Год назад

      Top guy and channel

  • @instereo6708
    @instereo6708 Год назад +16

    Excited to see another SlideBean video on a trending topic 📈

  • @basdfgwe
    @basdfgwe Год назад +13

    Ive watched a whole number of videos explaining the svb situation. This is the only video that explains the whole pie, and not part of the pie. Kudos to the team for bringing this together so quickly.

    • @SPeeSimon
      @SPeeSimon Год назад +2

      What another video I saw also mentioned was about the blame for the goverment. Not about intervening when SVB went down, but well before, when the inflation first started.
      It took the us gov long to acknowledge there was an inflation going and denied it, saying "it is transitory". So when the fed eventually had to step in, it had to do so drastically. That meant that newer bonds had such a better revenue, that the old ones lost their value. If the fed stepped in earlier, the revenue differences would be lower, allowing banks to transition slowly to the new bonds without (big) losses. But still, SVB should have acted on the first signs of inflation.

  • @chesthoIe
    @chesthoIe Год назад +16

    30:32 While the executives have been fired, before they did they cashed out their stock and gave themselves bonuses.

    • @AmyKwong
      @AmyKwong Год назад

      Hey maybe you can talk to me, after all I had good returns in the financial markets for two years in 2021 and 2022

  • @SB-my8fi
    @SB-my8fi Год назад +6

    Great video. The only thing I would mention is silcon bank and others successfully lobbied (during trump's presidency) to pass legislation that removed regulations like "mandatory stress tests on banks the size of Silicon Valley Bank" that were created to prevent financial crises like this one. Interestingly enough, the logic used was that the failure of regional or niche banks would not cause systemic economic collapse or significantly impact the larger economy so the government would never need to bail them out. 😂😂😂

  • @itsjohnthomas
    @itsjohnthomas Год назад

    Well done! Thank you Slide Bean team for breaking these concepts down for us

  • @aikenodubitan5256
    @aikenodubitan5256 Год назад +2

    Superb video as always Caya and Team Slidebean! 👏🏼👏🏼👏🏼👏🏾👏🏼👏🏼👏🏼👏🏼👏🏼

  • @chumanimgijimachumani2059
    @chumanimgijimachumani2059 Год назад +2

    Amazing journalism 🔥🔥❤️well researched, well narrated..big shout to you guys

  • @mohsinpanjwani5875
    @mohsinpanjwani5875 Год назад +2

    The Dollar is dying while the banks are failing very few will remain most big businesses are cutting employees and raising prices inflation is ridiculous welcome to the great reset where the few will own all and the rest will own nothing

  • @LordVarkson
    @LordVarkson Год назад +3

    My employer banked via Silicon Valley Bank and was part of the run on it, though it doesn't look like they were able to get all the money out before the collapse. The vibe from management was weird, a bit of a "holy shit we can't believe this is happening, history in the making" kinda stuff.

  • @BLESSED1591
    @BLESSED1591 Год назад +3

    It is important to note that shares of the bank where sold as well as bonuses where signed the day before the collapse!! End of story. The sf fed was well aware of this and I’m sure made a ton of money!

  • @TheDarkQuiz
    @TheDarkQuiz Год назад

    Thank you for that. Nice to know I feel like I've got the whole picture on the topic.

  • @amparomalerba8864
    @amparomalerba8864 Год назад +1

    This video is incredibly good, like every other video in this channel. Thank you again!! Keep it upp

  • @dustindustir521
    @dustindustir521 Год назад +8

    Caya: How much time do we have left?
    clock: 2:09
    caya: We are done? Yes! OK!
    caya: *smile*
    Video-Editors: excuse me?
    Video-Editors: *insecure grin*
    Rendering Computer: *torured grinning*

  • @hyderabbasi
    @hyderabbasi Год назад +1

    Great explainer; one of the best I've come across. A killer title and thumbnail.

  • @AirQuotes
    @AirQuotes Год назад +7

    I saw so many people banking with SBV, and even a few years ago, I got bad vibes from them. So this isn't that surprising to me. I'm glad I got out last year

    • @coopergates9680
      @coopergates9680 Год назад

      Lol, "Silicon Bank Valley" is a very fitting name for the region.

  • @Regina.Clarke
    @Regina.Clarke Год назад +1

    Great job on this one!

  • @JasenCrockett-ss3pf
    @JasenCrockett-ss3pf Год назад

    Thank you for this info. Sounds like a problem worth solving.

  • @andrewgaudet9090
    @andrewgaudet9090 Год назад

    This video took a ton of research. Very well done and explained. Liked, subscribed.

  • @claytonpaterson4414
    @claytonpaterson4414 Год назад

    Keep making these fantastic informative videos guys great work

  • @hectorherrera409
    @hectorherrera409 Год назад

    The video we'll were waiting for

  • @andreib1234
    @andreib1234 Год назад +1

    You have made the best explanations I have ever seen. There is one thing that you missed IMO.
    In their annual report the bank mentioned on page 87 on the 5th paragraph that they didn't have to report NSFR. This ratio for this bank basically says don't use Corporate Deposits to buy Long Dated Securities. Because Corporate Deposits are not as sticky as Retail Deposits.
    NSRF is ratio that is required to report under BASEL III

  • @bt4582
    @bt4582 Год назад

    This video was so helpful and amazing!!! I am an engineer so don't understand a lot of banking terms etc. so really appreciated this video!!! Thank u!

  • @Gopim9
    @Gopim9 Год назад +1

    Background music in your videos are ultimate.

  • @ktmadventurist
    @ktmadventurist Год назад +1

    Great video! Thank you!

  • @prhasn
    @prhasn Год назад +2

    The whole problem is fractional reserve system in itself.

  • @sebastianramirez5781
    @sebastianramirez5781 Год назад +1

    I hated the fact the government actually bailed them out, paying out homeless people who lost everything is ridiculous but paying billions upon billions of dollars to huge corporations is somehow ok? Very clearly a case of the lobbying companies having money in SVB and I hate it.

  • @doncsay
    @doncsay Год назад

    amazing content as always, man .. thumbs up

  • @AlexandreCruz
    @AlexandreCruz Год назад

    Simply a work of art!

  • @sage-cw5ch
    @sage-cw5ch Год назад +1

    Greatest explanation ,Thankyou

  • @tobene
    @tobene Год назад +1

    IMO if a business cannot be allowed to fail, it should not be private. Bankruptcy is an important regulating mechanism in free markets

  • @Jimblefy
    @Jimblefy Год назад

    pretty cool explanation. good vid 👍thanks

  • @JoshuaAttat
    @JoshuaAttat Год назад +3

    You guys always put out amazing content; have learnt so much from your channel.

  • @Oscarnodwannabe
    @Oscarnodwannabe Год назад +2

    Wow, excited for this video.

  • @jkk23-g7c
    @jkk23-g7c Год назад +1

    This is actually way better than Johnny Harris’s video

  • @thecognacsipper
    @thecognacsipper Год назад

    great job! thanks a lot.

  • @chad0x
    @chad0x Год назад +1

    Why were people queueing up outside SVB instead of just using their phone app or connecting through their computer to move their money out? LoL. Feels like they are rented mobs to make for good photos.

  • @WaynoGur
    @WaynoGur Год назад +2

    How did they go bankrupt? Slowly. Then all at once.

  • @mayur_je
    @mayur_je Год назад +2

    One of the bestest and detailed explanation on topic ,Thankyou,if ever i got to become part of any startup then for pitch deck going to recommend you gùys.

  • @onwhitecarpet
    @onwhitecarpet Год назад +2

    As always, great video! Can I ask what do you guys use for mind maps?

  • @dmf37207
    @dmf37207 8 месяцев назад

    This guy is very good. Content and presentation is excellent.

  • @edwardallen1271
    @edwardallen1271 Год назад

    Absolutley brilliant explainer vid 👍

  • @adrianlemus2768
    @adrianlemus2768 Год назад

    Super good video, impressive!

  • @uiZr138b
    @uiZr138b Год назад

    love the splash screen

  • @soson001
    @soson001 Год назад

    Ouch that is insane .

  • @MeGawOOt99
    @MeGawOOt99 8 месяцев назад

    I think the All-In podcast talked about SVB and how if most of their clients are mostly business, the bank should pay more to FDIC for a premium coverage of some sort. The coverage for each account should be like for $1mil to 5 mil at least to cover payroll for the bi-weekly.

  • @LegitBanananas
    @LegitBanananas Год назад +1

    We may not be paying this through taxes but we will definitely be paying for this through the increased insurances that the banks will have to pay to the FDIC to make up for this loss. Which means higher interest rates and fees passed onto the customers i.e us.

  • @jarzz3601
    @jarzz3601 Год назад +2

    from what I understand about svb it looks like a large amount of the problems was a complete lack of risk management we could argue whether there investments were good or not in a vacuum but they shouldn't have been making investments in a vacuum they knew who there money came from which made the type of investments they had more risky

    • @changjonathan5211
      @changjonathan5211 Год назад +1

      Very specifically interest rate risk. As Nassim Taleb said, people are way too accustomed to zero interest world that no one remembers what interest rate hikes really entails

  • @hemp987
    @hemp987 Год назад +2

    You are awesome. I can't believe you don't have more followers. Catch you on the phone soon

  • @joseafalvel
    @joseafalvel Год назад

    such a high-quality content, both educational and entertaining !! congratulations, your videos are amazing and I love the way you use all your cool tools for the visuals, you provide all the details and you explain quite clearly, this is becoming one of my favorite channels in youtube

  • @coopergates9680
    @coopergates9680 Год назад +1

    In hindsight, how good of an idea was it to rush this video's production to fit within the same time scale it took the bank to go belly up?

  • @soundtenement7993
    @soundtenement7993 Год назад +1

    Great job again!

  • @Stargate2077
    @Stargate2077 Год назад +1

    Why are banks allowed to require exclusivity agreements? It goes against everything for stable banking. It needs to be banned.

  • @lowwastehighmelanin
    @lowwastehighmelanin 10 месяцев назад

    This is a local bank to me. People got SO MEAN in the bay after this collapse. I had to move but the energy was RANK after this. SO many companies were in a fervor that it actually destroyed a lot of folks' credibility. I also fault local media for the way they covered it.
    I'm curious if SVB execs will be held culpable in federal court as well.

  • @zeenkosis
    @zeenkosis Год назад

    Love your perspective was waiting for your video

  • @JapiSandhu
    @JapiSandhu Год назад +2

    I don’t understand why the views are so low on this video

  • @1MrElusive
    @1MrElusive Год назад

    Best vid for sure

    • @1MrElusive
      @1MrElusive Год назад

      @Slide_Bean just delete yourself

  • @johnnyonthespot4375
    @johnnyonthespot4375 Год назад

    Impressive stop frame -

  • @morezco
    @morezco Год назад

    Top-tier content 👍🏻

  • @EamonCoyle
    @EamonCoyle Год назад +10

    I like how you have tried to personalise the collapse of SVB in terms of it being real people who are affected at the end. The thing is that the United States is supposed to be Capitalism central and as a country goes to great lengths to jump on other countries for having too much control of systems and services but when the rich people make a mistake and lose their money the government jumps in and saves them; that isn't capitalism !! All this does as further encourage these people and organisations to care less and less about governance and to continue making the same old mistakes in a different way. How many of the working families who lost their homes after the 2008 crash were saved by the government ?

    • @Confucius_Says...
      @Confucius_Says... Год назад

      And the best part is, these Rich Pricks are the first to rail against the government and government regulations and just the government in general.

  • @maiastela
    @maiastela Год назад +2

    Great video!! The best explanation of this event that I’ve seen

  • @opeyemiaia
    @opeyemiaia Год назад +1

    Great capture!

  • @GermaeAnne
    @GermaeAnne Год назад +1

    Don't worry about Johnny Harris posting his video first because this video gave a much bigger picture and what I think is a more robust context around this event.

  • @javiercorona322
    @javiercorona322 17 дней назад

    Excelente producción y.contenido. Pregunta: “Stimulous o Stimulus”

  • @rafikbelkadi1970
    @rafikbelkadi1970 Год назад +1

    Hey, thank you for the amazing video, can you also share the diagram you made for the explanation please ?

  • @jason-anthonygaskin7867
    @jason-anthonygaskin7867 Год назад +1

    While it is true that no bank can survive a bank run SVB was riddled with issues on the risk taking side. No interest rate hedging at a period of the lowest rates in history. This bailout is a green flag for moral hazard. SVB also strong armed startups to park more money there than they should have. Now maybe SVB could make the argument that they stood in for other banks constrained by onerous regulation and that this a government issue but the bailout is an awful idea. It is also a bailout in all but name.

  • @chudchadanstud
    @chudchadanstud Год назад +1

    2:16 - This is the type of boss I don't want to work with. You could potentially sacrifice quality and accuracy for nonsense Instagramesc thinking.

  • @alienesquemotivation
    @alienesquemotivation Год назад +1

    hope your click through rate improves, cause this is actually one of your best thumbnails

  • @Musamecanica
    @Musamecanica Год назад

    "Our job is running sompanies, not understanding banks" - yeah, I bet that's what the startup founders who lost their money said :D

  • @iareef
    @iareef Год назад +1

    why is every youtuber using some annoying background music for the SVB video?

  • @tessiepinkman
    @tessiepinkman Год назад +3

    This was so great! Even though Johnny "won" :P Just kidding, you added a different perspective. Truly valuable stuff, like all of your other videos!

  • @adcaptandumvulgus4252
    @adcaptandumvulgus4252 Год назад

    Mr Avarice killed it.

  • @Pinhead101
    @Pinhead101 Год назад +1

    Good.

  • @Deriv44
    @Deriv44 Год назад +1

    it really look like Sillicon Valley golden age of tech start up and firm is going down vith the fall of SVB,Meta,Netflix, Amazon,Lyft and others

  • @eagleplug3348
    @eagleplug3348 Год назад

    Watching from Bangalore... What an awesome explanation!! Really good job!!

  • @nyakarundi
    @nyakarundi Год назад +1

    I am glad they denied our application to get an account there

  • @franmcwhorter9654
    @franmcwhorter9654 Год назад

    Brilliant
    Wtg team

  • @tijtij
    @tijtij Год назад +1

    7:57 21:24 Is that the clock tower sound effect from Majora's Mask?

    • @slidebean
      @slidebean  Год назад +1

      Finally someone caught it! Good ear!
      - Caya

    • @tijtij
      @tijtij Год назад

      ​@@slidebean Every 31st of December I post a clip of "Dawn of The Final Day" with the sound effect to my status

    • @jovelnom
      @jovelnom Год назад

      @Slidebean please get rid of the background music. There's no need for it. That's just super annoying.
      I couldn't finish the video.

  • @katherinealvarez9216
    @katherinealvarez9216 Год назад +1

    40 hours? Nice. For you guys. Not so much for SVB.

  • @mauriciotorres2533
    @mauriciotorres2533 Год назад

    Banks have mismanaged peoples money. They need to hold a larger percentage of money.

  • @TNT46DOG
    @TNT46DOG 20 часов назад

    A bad press release followed by a suspect web call where he said all the wrong things in the wrong forum. Seriously this was a very smart guy doing really really dumb things… I don’t buy it for one second. Make no mistake this was INTENTIONAL.

  • @KarlBunker
    @KarlBunker Год назад +1

    A fricking brilliant video. I learned so much I feel like I just got an MBA in 35 minutes.

  • @hevo1
    @hevo1 Год назад

    Privatize profits, socialize failures.

  • @321ecommercedotnet3
    @321ecommercedotnet3 Год назад +2

    Nice

  • @dannyfitz6115
    @dannyfitz6115 Год назад

    This is just beautiful!!!

  • @Holphana
    @Holphana Год назад

    Ok, now that you've learned all this. Go back and watch squid games and look for the metaphors in our financial system. Then ask yourself if your assets are really that safe.

  • @jjw6961
    @jjw6961 Год назад +1

    No mention of Glass-Steagall?

  • @dimimen
    @dimimen Год назад +1

    The reserve used to be 10% but it's now 0% since the regulations were rolled back in (iirc) 2018.

  • @philoxoper
    @philoxoper Год назад

    when America catches cold the Whole world sneezes

  • @coopergates9680
    @coopergates9680 Год назад

    14:20 Of course, it all starts when something can't be found.

  • @DogBellz
    @DogBellz Год назад

    Your comrades at the Federal Reserve salute your efforts