https://www.vox.com/technology/23634433/silicon-valley-bank-collapse-silvergate-first-republic-fdic

Tech’s favorite bank just failed. What does that mean for you?

If you work in tech, you had probably heard of Silicon Valley Bank before now. If you’re not familiar with this seemingly regional bank, nobody’s blaming you. It had billions of dollars in deposits, but less than two dozen branches, and generally catered to a very specific crowd of startups, venture capitalists, and tech firms. Anyway, you’re here now — Silicon Valley Bank isn’t.