VCs are unlikely to invest in any company without a condition that says the company must put all proceeds into one of five banks with over two trillion in assets.
If a regional bank falls victim to a black swan event, it will have higher fees and a less robust banking system.
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?