Opinion: SVB collapsed no longer as a result of the web and social media, however as a result of that is what at all times occurs in financial institution control
Probably the most dominant narratives circulating in Silicon Valley is that we’re witnessing a brand new roughly banking — the “Twitter run” — pushed via technological inventions in banking and direct messaging on social media. Anxious project capitalists have inspired their tech startup shoppers to offload their worthwhile longtime trade spouse, Silicon Valley Financial institution. … Read more