https://betakit.com/silicon-valley-bank-opens-in-canada/ https://www.axios.com/exodus-us-tech-workers-canada-0a42cd15-9294-4157-acb2-fc5850e3b766.html Guess the Bay area exodus of foreign born talent is going reaching high levels.
Hey Guys, I am interviewing with SVB for architect role remote location. Hows the work culture and growth? As per recruiter, they give 100%+ target bonus? TC: 250k Loc: Wisconsin #svb #wellsfargo #jpmorganchase #santaclara #bayarea
I have a short position/puts which i was unable to close/sell as you cannot trade. Has anyone dealt with this type of situation?
Worried about the bank run given liquidity crisis.
I am curious. How much of a notice did you get? I heard they laid off a round last Friday. My sincere condolences. It's coming down the pipe for all of us.
SVB - how is the work culture, total comp for a senior SWE? Planning to take some interviews there
More banks may fail.
https://www.cnbc.com/2023/03/10/silicon-valley-bank-is-shut-down-by-regulators-fdic-to-protect-insured-deposits.html
Interviewing soon for a Credit Associate venture debt role in Vancouver, do they pay in USD for Canadian roles? Seeing about 90k USD on Glassdoor for same position in US. Will this be matched if they pay in CAD. Do they pay signing bonuses for MBAs?#interview #finance #tc
#mortgage #housing
I'm worried is this would have a ripple effect on tech stocks starting Monday morning. https://unusualwhales.com/news/nearly-half-of-all-us-venture-capital-backed-startups-were-involved-with-silicon-valley-bank #tech
So the silicon valley bank just failed, which was the go to bank for startups. Now that they failed what is going to happen to the tech job market? Are we looking at a dotcom crash or 08 crash? Or could things end up being ok
If anyone can refer me for this job. https://www.linkedin.com/jobs/view/3120884182 And also in cybersecurity opening for sillicon valley bank. Looking for cyber security jobs in India. Currently tc: 37 base Rsu: 40k but 20k because of crash. Yoe:8 #openings #jobopening #wellsfargo
Here's a crazy free market idea: if your business fails, you go broke like the rest of us would. No Daddy government comes to bail you out no matter how big you are.
Working hours for a Product Manager at SVB?
It is becoming clear that most of depositors of svb will be made whole in coming weeks as FDIC does it's job. Most probably someone will buy the bank or they will have to sell the assets in the market which may cause uninsured depositors to lose a little portion of their money. Sure some companies n
https://wolfstreet.com/2022/07/22/the-silicon-valley-startup-and-venture-capital-barometer-plunges-silicon-valley-bank-svb-financial-today-v-dotcom-bust/
Mostly which companies have their significant deposits in this bank beyond what FDIC guarantees? #siliconvalleybank #SVB #google #mongodb #salesforce
#interview #finance
Seems even sellers on Etsy experience impact of svb
https://www.cnbc.com/amp/2018/05/24/trump-signs-bank-bill-rolling-back-some-dodd-frank-regulations.html Specifically- “The measure eases restrictions on all but the largest banks. It raises the threshold to $250 billion from $50 billion under which banks are deemed too important to the financial sy
thanks!
#interview #salary#svb
how much should my base pay be? rn as lv 1 my base pay is 100K. YOE: 1 year #engineering #software #swe
No deposit access => no payroll => furloughs (also to avoid tax and SS liabilities) This will effect small and large SV firms: "After Silicon Valley Bank Fails, Tech Startups Race to Meet Payroll" Even established companies, such as Roku and Roblox, have deposits stuck at SVB https://www.wsj.c
With First Republic bank & Silicon Valley bank now dead… What do y’all think is next? Thinking names like: Ally bank, Better.com, Lyft, Upstart, WeWork, Affirm, Carvana, Robinhood, etc…
Given what happened to Silicon Valley Bank, is it safe to keep money in high yield savings accounts like Marcus? https://www.google.com/amp/s/www.cnbc.com/amp/2023/03/10/silicon-valley-bank-collapse-how-it-happened.html Tc: 340k
https://www.npr.org/2024/01/28/1227326215/nearly-25-000-tech-workers-laid-off-in-the-first-weeks-of-2024-whats-going-on Remember the time startups thought they could trust Silicon Valley Bank not to fail? It's the same explanation. #layoff
https://www.wsj.com/articles/bond-losses-push-silicon-valley-bank-parent-to-raise-capital-125e89d4?mod=hp_lead_pos1
Looks like tomorrow will be a bloodbath https://apnews.com/article/silicon-valley-bank-bailout-yellen-deposits-failure-94f2185742981daf337c4691bbb9ec1e?utm_source=homepage&utm_medium=TopNews&utm_campaign=position_04