Silicon Valley Bank

Hemant Taneja, investor and managing partner at General Catalyst, said in a tweet that several VC leaders like Accel, Khosla Ventures, Altimeter Capital, Lightspeed Venture Partners, Mayfield Fund, Ribbit Capital, Redpoint Ventures and others met to discuss the aftermath of SVB's downfall. "Silicon Valley Bank has been a trusted and long-time partner to the venture capital industry and our founders.

Three years later - after the bank spent more than half a million dollars on federal lobbying - lawmakers obliged. On Friday, California regulators shut down the Silicon Valley Bank (SVB), a top lender to venture capital firms and tech startups, and the Federal Deposit Insurance Corporation took it over, following a bank run by its customers.

The Silicon Valley Bank Collapse has raised concerns about the stability of other banks and the potential impact on young start-ups who rely on such banks for funding. The situation highlights the importance of proper risk management and the potential risks associated with investing in bonds with high yields.