Will Roku (ROKU) collapse?

Skeptics will wonder if streaming video company Roku (ROKU) could collapse because of the Silicon Valley Bank failure.

Roku executives admit their company had $487 million, or 26% of its cash, in Silicon Valley Bank accounts, Endgadget reports. Silicon Valley Bank collapsed on 10 March 2023. The Federal Deposit Insurance Corporation (FDIC) was trying to auction the bank off to another institution, The Washington Post reports.

The California Department of Financial Protection closed Silicon Valley Bank and appointed the FDIC as receiver of its assets on 12…