Silicon Valley Bank: The 16th Largest Bank

The collapse of Silicon Valley Bank is the second biggest bank collapse in US history, after Lehman Brothers. But does this represent some major systemic banking crisis or just a crazy bank run? I don't think that is the case because it caters almost to a very narrow niche crowd, which is your tech pro scene in Silicon Valley,. That's the name. So you have the entrepreneurs, the startups in California, who were largely the customers of Silicon ValleyBank.