Ben Werdmuller

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On the demise of Silicon Valley Bank

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On the demise of Silicon Valley Bank

Ben Werdmuller
Mar 12
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On the demise of Silicon Valley Bank

newsletter.werd.io

A lot of ink has been spilled over the demise of Silicon Valley Bank. I’ve never banked with them, and the current crisis doesn’t affect me directly today, but at least three of my prior employers were customers. While it was a regional bank, its collapse is the second-largest bank failure in US history.

Because SVB was an FDIC-insured bank, depositors’ …

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