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A eulogy for Silicon Valley Bank, a business partner to tech for 40 years, which offered services when established banks would not and was undone by its loyalty (Michael Moritz/Financial Times)

Posted 1 week ago by technology_o6swjd

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Michael Moritz / Financial Times:
A eulogy for Silicon Valley Bank, a business partner to tech for 40 years, which offered services when established banks would not and was undone by its loyalty  —  Regardless of the reasons behind the bank’s collapse, it leaves a huge hole for the start-up scene  —  The writer is a partner at Sequoia Capital

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