![](https://i.imgur.com/CLvY2jA.png")
11-03-2023, 09:51 AM
On Wednesday, Silicon Valley Bank
was a well-capitalized institution seeking to raise some funds.
Within 48 hours, a panic induced by the very venture capital community that SVB had served and nurtured ended the bank’s 40-year-run.
The roots of SVB’s collapse stem from dislocations spurred by higher rates. As startup clients withdrew deposits to keep their companies afloat in a chilly environment for IPOs and private fundraising, SVB found itself short on capital.
https://www.cnbc.com/2023/03/10/silicon-...pened.html
https://sgtalk.net/Thread-Second-biggest...-hours-ago
was a well-capitalized institution seeking to raise some funds.
Within 48 hours, a panic induced by the very venture capital community that SVB had served and nurtured ended the bank’s 40-year-run.
The roots of SVB’s collapse stem from dislocations spurred by higher rates. As startup clients withdrew deposits to keep their companies afloat in a chilly environment for IPOs and private fundraising, SVB found itself short on capital.
https://www.cnbc.com/2023/03/10/silicon-...pened.html
https://sgtalk.net/Thread-Second-biggest...-hours-ago
