The Power of Fear in Silicon Valley Bank

CNBC's John Sutter talks with Matt Welch about the bank run at Silicon Valley Bank. He says he was shocked by what happened, and that people were afraid of missing out on an opportunity to take their money out. Writers: FOMO consists of a desire for better combined with a desire to be part of the crowd. Writer: Once there's blood in the water, people are running, they're freaking out.