Shitty.svb (100% TRUSTED)

Silicon Valley Bank went from a tech-sector staple to a total collapse in just .

The collapse was a "perfect storm" of poor risk management and changing economic tides: Shitty.svb

: SVB announced a $1.8 billion loss on asset sales and a plan to raise capital. Silicon Valley Bank went from a tech-sector staple

: Regulators (FDIC) officially seized the bank. 📉 Why It Happened Shitty.svb

: Panic spread on social media, leading to a massive bank run where customers tried to withdraw $42 billion in a single day.