Silicon Valley Bank: Here’s a timeline of the bank’s failure
On Friday, I wrote about how Silicon Valley Bank has been closed by regulators, which are now in charge of the bank’s deposits. The bank is set to reopen Monday, which means we — and I mean that in the most collective sense — are in for a weekend of pause, fear and further questions. This is not a story of the week; it’s a story for the weeks and months ahead. As Y Combinator CEO Garry Tan put it, this could set startups and innovation back by 10 years.
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