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Will all the private assets that have avoided markdowns since the downturn be forced to get re-valued when a new entity buys SVB?

They’d have to I assume to value their new books.

If yes that’s a lot of valuation haircuts.

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Any buyer would do their own diligence and assign their own estimated value to the assets. I believe there will be a healthy competition for SVB despite their current problems. Many other banks have long wished to establish a presence in the tech world, where SVB has for a very long time been a leader.

CNBC has been reporting all morning that their deposits are evaporating too fast for a sale. I’m expecting receivership before Monday.

> I’m expecting receivership before Monday.

It’s done.

Where can one find a list of companies that have primary banking through SVB?

In SVB’s computer.

Mark downs are partially what caused SVB to spiral.

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