VC's View of Silicon Valley Bank

SVB bought 10 year bonds that in some cases had a like less than 2% yield. The community and high profile members of the community did not come out with messaging to rally around Silicon Valley Bank faster and louder, because this is a bank that services fully half of the tech sector. It may have been the intention of somebody to erode the reputation and they ended up taking down a bank by accident due to how quickly things can move now compared to 2008 even right? I've seen actually some good comments to the effect that like a big, a big driver here, a big factor is just mobile. Just the fact that you could do this online, you could trigger a bank run with