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Comment by MrFoof | Hacker News Reader

In general, if anyone wants to go through all the recent 8-K filings, this is what SEC EDGAR is for. Here's a link that'll bring up all recent 8-K filings by date and time, descending:

https://www.sec.gov/cgi-bin/browse-edgar?action=getcurrent&d...

In general, I would expect a ton of 8-Ks on Monday the 13th for companies to release information on their exposure to SIVB, particularly if their exposure is minor or non-existent.

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Thanks for that. I find it interesting that so many of the companies filing SVB-related 8-Ks (even if to say "we have no/minimal deposits with SVB") are biotech/pharma. Traditional tech gets most of the attention, but SVB has been the Bay Area's biotech banker as much as anyone else, and thanks to its specialized wine practice is probably even more dominant in that sector.

They have north of $1B in fine wine assets in their list of collateral! Presumably vinyards and maturing vintages.

Your last line is key... The silent ones are who you should be concerned about, most likely.

Same with startups. If you are an investor and not that company’s first call, then one of two things happen: email saying not exposed, or silence as they work through things.

That's a very prescient thought. But isn't there a fiduciary duty that is legally mandated to disclose in times like this?

IANAL, but I don't think fiduciary duty requires you to disclose SVB exposure. If anything, disclosing it might trigger another run on an otherwise easily survivable state.

Thanks for that, was browsing around to figure out how to sort by date.

Probably a lot filed today/monday that look like this:

Kintara Therapeutics, Inc. confirms that it does not hold any deposits or securities or maintain any accounts at Silicon Valley Bank.

OMG. If anyone wants to fund it I could build a far better Tree language to replace this XML junk that they are using.

Sure you can. I'm sure you'll do integrations with 9001 different legacy systems and the other endless bullshit that comes with software dev in the public sector. All by yourself. Let there be no doubt that you had it all planned out in your head already in the 10 seconds it took you to think up that comment. Because you're that good.

1. I don't have much to gain from such a thing, but someone in the know might have tremendous amount to gain. Hence the `if anyone wants to fund it`. It would have to be worth my while.

2. Yes, I am that good and could certainly build it. My tech is magic. I can turn any complex domain into the simplest form possible.

> Yes, I am that good and could certainly build it. My tech is magic. I can turn any complex domain into the simplest form possible

Sure grandpa, let's get you to bed.

> bed

What's a bed? I sleep on a pile of keyboards and my body sends pull requests while I sleep.

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