- Twitter exploded on Thursday afternoon with concerns about storied institution Silicon Valley Bank.
- Some investors are imploring their startups to pull their money out of the bank.
- SVB CEO Gregory Becker told clients on a Thursday call to stay calm.
By Thursday afternoon, the tweets started rolling in. Silicon Valley is losing faith in its go-to bank SVB Financial.
“OK i am hearing from dozens of founders about what to do at SVB. It’s an all out bank run,” founder Howard Lerman wrote.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased