Tech Insider
A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.
A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.

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  • The fall of Silicon Valley Bank was the fastest in history, largely due to Twitter-induced panic.
  • Many VCs and founders stoked panic on the platform, later deciding to delete their posts.
  • "Tech is obsoleting the current regulatory structure," a former regulator said.

There's a good chance the run on Silicon Valley Bank would not have happened had it not been for social media. 

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Tech Insider, finance, Social Media, Silicon Valley Bank, twitter, SVB, VCs, Bank Regulation, Silicon Valley Bank collapse, Startups, Venture Capital, Bank Run, Bank failures, FDIC
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SVB is the first social media bank run in history. The crisis will change the b…