Panic-Induced Bank Run Spells the End for Silicon Valley Bank

In the news: Silicon Valley Bank (SVB), a significant financial institution for the tech industry and venture capital firms, has been seized by regulators due to a panic-induced bank run. This development has significant implications for the industry as a whole.

A podcast from Pivot examines the bank's downfall, while an article from CNBC discusses how the collapse happened within just two days. Another CNBC article reports that Roku has 26% of its cash reserves stuck in SVB. Finally, an article from The Atlantic argues that the failure of SVB is now everyone's problem.

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