GIF - That sinking feeling when the Fed hikes rates too far

Sili-gone Valley Bank

And so it ended. In the space of 24 hours, Silicon Valley Bank, the go-to bank for many US tech start-ups and VC funds, succumbed to a classic bank run as depositors scrambled to get their money out. And so it ended. In the space of 24 hours, Silicon Valley Bank, the go-to bank for many US tech start-ups and VC funds, succumbed to a classic bank run as depositors scrambled to get their money out.

inspired by Markets Insider