Roku, Roblox and others disclose their exposure to SVB in SEC filings

The fallout from the collapse of Silicon Valley Bank is impacting a range of startups and larger firms including, as we know now from SEC filings, publicly traded companies like Roku, Roblox, Quotient, and others. Roku said in a filing that it had around $487 million held at SVB, representing around 26% of its cash and cash equivalents as of March 10, 2023, as Variety was first to report. Its remaining balance of $1.4 billion is distributed across other large financial institutions, it said.
“At this time, the Company does not know to what extent the Company will be able to recover its c

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