Silicon Valley Bank Collapse

Entrepreneurs and small businesses require banks that can help facilitate not only the day to day transactional needs, but borrowing and financing as well. The collapse of Silicon Valley Bank eliminated a source of financing that disappeared almost overnight leaving some entrepreneurs with one less financial option.

This CNBC article provides a good synopsis of what happened to Silicon Valley Bank.

https://www.cnbc.com/2023/03/10/silicon-valley-bank-collapse-how-it-happened.html