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Silicon Valley Bank was a commercial bank headquartered in Santa Clara, California. SVB was the 16th-largest bank in the United States at the time of its failure on March 10, 2023, and was the largest bank by deposits in Silicon Valley. It was a subsidiary of the bank holding company SVB Financial Group. SVB was the bank for tech startups in Silicon Valley (California). Silicon Valley Bank was the bank that financed and at the same time deposited the money of many such startups.


The entire article can be found on The Startup - https://the-startup.com/posts/the-collapse-of-sili...

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