The collapse of Silicon Valley Bank (SVB) in March left the startup world reeling. Its quick and sudden fall, as higher interest rates hit its investments and triggered a run on deposits, gave pause to startup investors and also holds lessons for founders going forward. When the SVB situation unfolded, many founders were unprepared when it came to managing in crisis. SVB has been a trusted and beloved partner to startup founders and VCs for 40 years. That orientation is a headwind for startupland.It’s been roughly two months since a social media-enabled bank run took down Silicon Valley Bank.

Source: Forbes May 26, 2023 17:52 UTC