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Silicon Valley Bank and Silvergate's Troubles

Bloomberg Tech

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Silicon Valley Bank - Do You Diversify Your Business?

John Defterios: What do you do in this situation? Do you follow the advice of names in the Valley like Founders Fund and pull the money? You're relying on your own interactions. Luckily, we have already diversified so we're less exposed than a few weeks or months ago. How hard is it to sign these new documents, get on board that likes to TSM and blitz out when people are questioning the overall Web3 trajectory? That's the fun part,. No doubt it's harder, especially with U.S. companies, but the cadence in foreign companies is actually happening.

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