A coalition of VC firms, including Lightspeed Venture, put out a statement saying they'd urge their portfolio companies to resume business to the bank if it's purchased and fixed. Elon Musk said he's open to buying Silicon Valley Bank and making it a digital-only bank. The bank has specialized clientele funding startups and tech projects know very well.
Kara, Scott, and William D. Cohan are back with a bonus episode to talk through Silicon Valley Bank’s 48 hour collapse. What does its fall mean for tech? Who's to blame? Will depositors be made whole?
You can follow William D. Cohan at @WilliamCohan.
We’ll be back with a regular episode on Tuesday!
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