My small business banked at SVB and almost lost $300,000. I worry some banks will never take care of Black of women founders.

Tech Insider
Mitch Gilbert, founder of Oya Femtech Apparel
Mitch Gilbert, the founder of Oya Femtech Apparel, banked with SVB.

courtesy of Oya

The West was founded by whiny pioneers. Silicon Valley Bank is just the latest.

Tech Insider : Economy, Technology
photo composition illustration of Silicon Valley Bank in an Old West environment
Silicon Valley Bank mirrors the myth of the Old West: It started off as a bold pioneer, only to end up running back to the government for help.

Witthaya, aoldman / Getty Images; Arif Qazi / Insider

The collapse of Silicon Valley Bank foreshadows a bigger reckoning for the tech industry

Tech Insider : Economy, Politics
A computer with the SVB logo exploding.
The destruction wrought by the collapse of Silicon Valley Bank could be a moment for the tech industry to take a step back and reflect on its problems. But sadly, it won't be.

iStock; Rebecca Zisser/Insider

Exclusive: Union Square Ventures warned startup founders in November to diversify their deposit holdings after alarm over Silicon Valley Bank

Tech Insider
Co-founder of Union Square Ventures Fred Wilson speaks onstage during TechCrunch Disrupt NY 2016 at Brooklyn Cruise Terminal on May 10, 2016 in New York City.
Union Square Ventures co-founder Fred Wilson

Noam Galai/Getty Images for TechCrunch

SVB is the first social media bank run in history. The crisis will change the banking industry forever.

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.

Getty Images

Venture capitalists 'almost took the whole system down' by having startups stow all their cash at Silicon Valley Bank, says one tech billionaire CEO

Tech Insider
A headshot of Thomas Siebel standing in front of a cloudy backdrop
Billionaire tech CEO Thomas Siebel said venture capital investors should have prepared startups for the possibility of a collapse like SVB.

Courtesy of C3.ai

Silicon Valley Bank's meltdown shows that tech's elites need the government after all

Tech Insider
A man stands outside Silicon Valley Bank
Certain loud voices in the tech industry rail against big government and regulations. But when the government stepped in to help Silicon Valley Bank depositors, they welcomes it with open arms.

Getty Images

Benchmark's Bill Gurley calls Silicon Valley Bank's collapse 'a black swan event' at SXSW, and casts aside criticism of the move to secure its depositors

Tech Insider
bill gurley
Veteran venture capitalist and general partner at Benchmark, Bill Gurley.

Brian Ach/Getty Images for TechCrunch

Biden says taxpayers won't bail out Silicon Valley Bank and the people responsible for its collapse will be held accountable: 'No one is above the law'

Tech Insider : Politics
President Joe Biden
President Joe Biden delivers remarks on Monday over Silicon Valley Bank's collapse.

Evelyn Hockstein/Reuters.

'Big Short' investor Michael Burry blames SVB's collapse on greed and recklessness - and draws parallels with the dot-com and housing crashes

Tech Insider
Michael Burry Getty
Michael Burry.

Kevin Mazur/WireImage

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