Startup Learnings From The Collapse Of Silicon Valley Bank

We know you’re always on top of your game when it comes to your business, but as this weekend has shown, sometimes the unexpected occurs. In case you missed it, the 16th largest US bank, Silicon Valley Bank (SVB), was shut down last week by regulators due to an inability to service withdrawal requests from depositors. This announcement came after the bank suffered a loss of $1.8 billion dollars.