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Could the Silicon Valley Bank deal be interpreted as another bailout, asks David Sacks?

Subscribe to UnHerd today at: Check out our upcoming events: UnHerd's Freddie Sayers is joined by PayPal co-founder David Sacks to examine the fallout from the collapse of SVB Bank. #SVBank #siliconvalley #bank... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing David Sacks, the CEO of the fintech company called Craft Ventures, has recently made headlines for his public criticism of the Silicon Valley Bank deal. In a tweet, Sacks questioned whether this deal is just another bailout that will ultimately hurt the tech industry and the economy as a whole. So, what exactly is the Silicon Valley Bank deal, and why is Sacks concerned? To put it simply, the Silicon Valley Bank is a bank that specializes in lending to technology startups. It is a crucial player in the tech industry, providing much-needed capital to earl