BBCNEWS BBC News June 4, 2024 03:10:00
To risk it, they only want to risk it on themselves. the customers almost really are essentially the venture capitalists, and what happened is that silicon valley bank needed to raise a bit more money and that set off a panic and the panic became the problem, not the actual financial state of silicon valley bank. given the bank is backed by the us government and it's now conducting business as usual, this must be one of the safest banks to bank with in the us right now, right? actually, i had a call a little bit earlier and i was talking to a pretty prominent venture capitalist and i was makin...