Silicon Valley Bank's Poor Risk Management

Aditya: Silicon Valley Bank did bad risk management, but in the most plain vanilla fashion that you can think of. He says bank bought long-term securities with low interest rates and lent too much to get more money. This kind of bank run was orchestrated and it spread very quickly because of this non-diversified asset cause customer base he says. Aditya: Social media is exacerbating this crisis because a lot of these VCs actually announced they're going to sell off some of the bonds.