What happens to Silicon Valley without Silicon Valley Bank?

What happens to Silicon Valley without Silicon Valley Bank?

a year ago
Anonymous $Gb26S9Emwz

https://www.vox.com/technology/2023/3/16/23641641/silicon-valley-bank-failure-history

A regional bank helped the tech industry grow. Now it might need to shrink.

The collapse of Silicon Valley Bank was a big deal. It didn’t just impact Silicon Valley businesses — or the many non-Silicon Valley-based businesses that banked there, including Vox’s parent company Vox Media. The end of SVB created ripple effects throughout the American banking and financial system.