From Wayne Hu:
In this video, I’ll take you inside the dramatic final hours of the SVB Silicon Valley Bank run. Silicon Valley Bank was the most important financial institution for the biggest innovation hub in the world, and its failing was an extinction level threat. I’ll give going to give a real-time narration of what the bank run was like in the middle of it as a venture capitalist in Silicon Valley, trying to triage and work through it with dozens of startups. The government later stepped in (taxpayer-free, thankfully, as crazy as that sounds) to guarantee deposits.
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Some say the SVB was nothing more than a "Front" for Drug Cartels.
Sounds Very Probable, especially when you look at how it went down and how fast and who is bailing them out!
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