Silicon Valley Bank Collapse: A Stark Reminder of the Risks of Putting All Your Eggs in One Basket
The collapse of Silicon Valley Bank (SVB) on Friday, March 12, 2023, has become the largest bank failure in US history since the 2008 financial crisis.[0] SVB was the “financial partner of the innovation economy,” catering to nearly half of all US venture-backed startups and working closely with venture capital firms.[1] It was a publicly […]
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