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The Impact of SVB’s Collapse on FinTech

FinTech Partners founder, CEO and Managing Partner Steve McLaughlin joins Ed Ludlow and Caroline Hyde to discuss the impact of the Silicon Valley Bank fallout on the FinTech space. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: Get…

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FinTech Partners founder, CEO and Managing Partner Steve McLaughlin joins Ed Ludlow and Caroline Hyde to discuss the impact of the Silicon Valley Bank fallout on the FinTech space.
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23 Comments

23 Comments

  1. im a time traveler

    March 13, 2023 at 3:27 pm

    It’s mute. 🤔

  2. Amelia Stephen

    March 13, 2023 at 3:32 pm

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    • Ann Christine Johnson

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    • Jerry Anderson

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  3. C O

    March 13, 2023 at 3:42 pm

    If no one else is offering this service to you, it means you should not het that service, period.

  4. A A

    March 13, 2023 at 3:54 pm

    US Fintech is a joke at this point.

  5. Kaipo 808

    March 13, 2023 at 5:04 pm

    American Capitalism: the use of public money to mitigate risk while privatizing profit.

    • Doom Prophet

      March 13, 2023 at 7:07 pm

      There is nothing wrong with “American capitalism.” There is a problem with government SOCIALISM policies and government subsidized loans which comes from tax payers.

  6. Kaipo 808

    March 13, 2023 at 5:04 pm

    “Nothing in the 19th century is more remarkable than the way men forgot the last railroad debacle and proceeded to lose money in the next.”
    — Jack Kenneth Galbraith

    • KB

      March 13, 2023 at 6:11 pm

      They didn’t forget. The corruption knows what they’re doing.

  7. Valdomero738

    March 13, 2023 at 5:45 pm

    Thank G-d that they fell, may they fall even further.

  8. Garry Best

    March 13, 2023 at 6:11 pm

    Big banks are afraid of ‘Fintech’ and love the “Fear of Fintech’ you are promoting. Oh, you’re paid off by the ‘Big Banks’ to spread this ‘Fear.’ Sorry, I forgot how it all worked there for a minute.

  9. Frédérick Pétrin

    March 13, 2023 at 6:30 pm

    ever heard of the great canadian bank crisis?
    exactly.

    Also about everyone in canada have a acces to a bank account, no such thing as those BS underserved community cashing their check at payday service with high fee

  10. Kyle

    March 13, 2023 at 6:38 pm

    >What the Fed did was HELPFUL and EXPECTED.

  11. Shoy Lu

    March 13, 2023 at 6:43 pm

    Got to love VCs due diligence. VC strived due to cheap money

  12. Refuse-Resist

    March 13, 2023 at 6:50 pm

    Bailout ❤ thank u 🎉

  13. H Tai

    March 13, 2023 at 7:03 pm

    What happen to startup company they need loan from SVB to keep company working?

  14. Doom Prophet

    March 13, 2023 at 7:07 pm

    So basically what happened is that these banks got over invested in the ESG climate change nonsense. So that means that these companies have been getting government subsidized loans for “green energy” programs. Oil, natural gas and nuclear power don’t need government hands outs cause they can make a profit, unlike these green energy companies. Perfect example was Solindra during Obama Presidency where it went broke due to all these government loan bailouts to keep it afloat. In the end, the CEO’s of Solindra failed to keep the business going and got a “golden parachute” and the lowly employees and the tax payers got shafted. By the way, interesting that 3 banks went belly up during Joe Biden’s vice presidency and presidency and he was involved in that savings and loan scandal during the 1980’s, which was another failed democrat policy.

  15. PeterP_777

    March 13, 2023 at 7:25 pm

    Jim Herbert is the chairman, not CEO, of First Republic. Moron.

  16. Raphael Katalan

    March 13, 2023 at 8:25 pm

    XRP

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