Latest Breaking News On - Industry concentration - Page 2 : comparemela.com

we re not overly exposed in one customer. but they never thought about industry concentration. you ve got this one bank that basically lends to the entire start-up community. yes, correct. people have been saying, that s really risky. it may or may not be, you just have to understand the risk. the idea that you re not a diversified bank. this is like being a bank to the shoe industry, or the roofing tile industry. it might be really lucrative and you might have all the contacts and you might really know how to appeal to them. but what happens when the industry weakens? that s what happened. the tech industry was on fire, everybody wanted a tech company they thought it was gonna go public and make 46 tillion dollars. and then they didn t. and the money is sitting in this bank, and it s not getting the interest that these owners could get if they put it in treasury box. and i don t know why silicon valley bank didn t think people would take the money out and put it in treasure box beca

Industry concentrationMortgage bankRoofing tile industryShoe industryTech industry in generalTech companyOn fireGonna go publicDidn tTreasury boxTreasure box