Silicon Valley Bank's T-Bills and Liquidity

The Wall Street Journal had this really hilarious article over the weekend where they're talking to some tech CEO. And he's like, I got messages on Slack saying that we need to be concerned about the money we have deposited at Silicon Valley Bank. The problem isn't just that they invest in these long-term low yield bonds. It's that suddenly all these founders couldn't do another series of funding and replenish your bank with deposits. So the deposits were dwindling as a result as a cooling of the economy in the tech sector.