Silicon Valley Bank crash: Impact on Software Engineers

`In this video, I want to give you a glimpse into the recent events that have been affecting the tech industry. The main topic is Silicon Valley Bank and its crash. We will discuss the functions of a bank by taking an engineering approach and how the crash happened due to the factors: the lifting of the mandatory reserve requirement by the Federal Reserve, an increase in interest rates on loans, and the loss of money leading to a withdrawal of funds by bank customers.
We examine the impact of the bank crash on the tech industry, particularly software engineering & startups, and the potential long-term effects. We also take a look at the prompt actions taken by the US government to address the crash, with the hope that we can prevent a total collapse and gradually emerge from this crisis.
For more details, please see this: [ • Despite HSBC buying SV... ]( • Despite HSBC buying SV... )
#svbcrash #techindustry #softwareengineers
-----------------------------------------------------------------------------------
Got questions? Reach out to me here:
Instagram: / hundred_gb
Telegram: t.me/hundred_gb
Linkedin: / gaurav-bhola
Twittter: / gauravbhola_in
--------------------------------------------------------------
Content markers
00:00 Intro
01:12 How do banks function
01:57 What lead to SVB crash
03:00 The present situation
03:51 Where do we go from here
04:43 What it means for software engineers
--------------------------------------------------------------
My Setup details (In the US):
🖥 27 Monitor ($299) GIGABYTE M27Q 27" 170Hz with KVM switch: amzn.to/3oQEQGz
🦾Monitor arm - HUANUO Dual monitor arm: amzn.to/3OXlpq7
⌨️Keyboard: KINESIS GAMING Freestyle Edge RGB Split Mechanical Keyboard (MX Brown) ($199): amzn.to/3Soyv2q
📱 Phone - Pixel 5 128: amzn.to/3JvAXjH
🖥CPU case ($129) - SSUPD Meshlicious: www.ssupd.co/products/meshlic...
📸Camera - Sony a6600: amzn.to/3JrNLHZ
🔎Lens - Sigma 16mm 1.4: amzn.to/3oQi4i7
🎙️Mic - Boy BY-M1: amzn.to/3QbvJvS
--------------------------------------------------------------
Setup details:
Budget Table: amzn.to/3qe3Yql
Budget Electrical sit-stand (~₹34000): www.purpleark.in/products/sit...
🖥 27 Monitor (One I use) (~₹40000): amzn.to/2Phdpno
🖥 Best 27 Monitor(Budget) India: amzn.to/3gprICn
💻Old Laptop - Acer Nitro 7: amzn.to/3cWqfnj
📱 Phone - Pixel 5a 128: amzn.to/3qakGal
🍎Tablet - Chromebook duet: amzn.to/3vImlVM
🎧Earphones - Galaxy Buds+: amzn.to/3zCRc9p
🎙️Mic - Boya: amzn.to/2RqJCNW
On My Desk:
Cello carbon ballpen: amzn.to/3gMv8R1
Speed triple (₹350): amzn.to/2BXAE2U
Earphone pouch (₹299): amzn.to/2PxDY8d
Under table wire management-IKEA SIGNUM (₹1299): amzn.to/3i5X3Ky
Primary Keyboard: KINESIS GAMING Freestyle Edge RGB Split Mechanical Keyboard (MX Brown) ($199): amzn.to/3Soyv2q
Keyboard-2 : HyperX RGB Cherry MX Blue Elite (₹13000):
I bought this as a renewed one and costed me ₹8000.
Mouse: Logitech G402: amzn.to/2BXEAkc
MousePad (₹699): amzn.to/3fop2nk
6-axis Monitor Arms (Dual ₹6999) (Single ₹4999): amzn.to/3fq35ny
Monitor Arms (Budget) (Less flexibility) (₹2999): amzn.to/3fm9ArD
Dual vertical laptop Stand (₹2499) (₹2999 now): amzn.to/2Pj0AZE
Wire Management
Clips (₹249): amzn.to/3fqJzaO
Velcro cable straps (₹258): amzn.to/3fpQRvo
Tidy Up Wire Bin (₹599): amzn.to/33msKvi

[@Aman-dl6cf]

Great information 👾

[@dikshabhola8271]

Crisp and informative 💯🔥

[@Live-hh6li]

As an upcoming new grad without any offer right now
Should I focus on learning 3-4 technologies and just learn enough in them so that I can add it to resume and apply to more companies
OR
I should go in depth of 1-2 technologies only
My DSA is sorted

[@priyanshuraj9596]

as an college student of nit jalandhar what should be best practice to do..means what should we learn to be in a safer zone in havoc situation like this.
.PS: make a video on this if possible

[@gourabsarker9552]

Sir how much do you earn in USA? Plz reply. Thanks a lot.

[@Sanyu-Tumusiime]

They should have just let SVB fail and crash and go to zero. Then other banks will realize that we shouldn't be doing risky investments with people's money. We should be doing smart investments and hedging our bets.

[@100GB]

Thats another way to look at it :P