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Panic withdrawals brought down a bank within two days, and many point to some venture capitalists, who urged companies to pull money out of the bank.
March 13 -
Some venture capitalists raced to assist in setting up temporary cash funds to help affected startups make payroll next week.
March 13 -
The funds were seen as safe havens when word spread that SVB's finances were worsening.
March 13 -
While depositors will be made whole under an extraordinary move by regulators, a fire sale of the entire bank and advisors fleeing to competitors create new challenges.
March 12