Silicon Valley Bank logo with rain
Startup founders and CEOs reported losing access to their accounts at SVB.
  • The collapse of Silicon Valley Bank has sent shockwaves through the tech industry.
  • In the fallout, a blame game has ensued among venture capitalists. 
  • While some call out social media frenzy, others place responsibility squarely on the shoulders of SVB execs.

The venture capital community has resorted to finger-pointing in the fallout of Silicon Valley Bank's implosion that jolted the tech industry.

The failure of Silicon Valley Bank sent startup founders reeling on Friday as many lost access to their funds. A bank run of $42 billion in withdrawals — roughly 25% of the bank's $161 billion in deposits — meant regulators had to shut down Silicon Valley's once beloved bank.