Deposits
topic on 3 shows · 3 statements across 3 episodes
the Official SaaStr Podcast 
Catalyst 
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3 statements about Deposits, every show
Dean: Syndicate platforms like AngelList hold billions in transient bank deposits
“But the funny thing is there's so much of this and the money always sits there for a couple, three weeks. That in aggregate, it's a billion, it's billions of dollars in deposits and that's real money.”
Multani: SVB deposits grew from $60B in 2019 to $175B in 2022
“SVB had sixty billion of deposits in 19, is that year-end 19, a hundred billion in year-end twenty-twenty. A 190 at year-end twenty-twenty-one. And they were at about one 75 at year-end 22.”
Sacks: Banking system incentives encourage high-leverage gambling with depositor funds
“They're highly leveraged. The deposits, from their standpoint, are leveraged. They're leveraged 10 to one. So their incentive is to go to the casino and gamble it because they get to keep all the upside, and if they lose it, It's basically someone else on the …”