Twitter thread SVB
Strongsuits CEO and founder Lindsey Michaelides took to Twitter to share the impact SVB's collapse has had on her, her employees, and her family.
  • Silicon Valley Bank, a startup-heavy financial institution once trusted by the tech world, collapsed this week. 
  • Regulators shut down the bank, affecting major companies like Roku and Etsy.
  • But for smaller startups, the fallout from the collapse has more intimate effects. 

The collapse of Silicon Valley Bank this week has sent companies from Etsy to Roku into disarray. But for some smaller startups, the bank's shutdown is particularly harsh.