First Citizens' acquisition of Silicon Valley Bank presents growth opportunity with discounted price.

First Citizens Bank's acquisition of Silicon Valley Bank has been met with positivity from investors and could be a huge growth opportunity for the Triangle and North Carolina. The move could reset expectations around principled growth and sound financial practices for startups, and provide a friendlier banking option for entrepreneurs. The acquisition could also help First Citizens establish a new norm that focuses on growth potential and equitably supports high-potential startups.