Surviving SVB's Million Dollar Loss and the Impact on Black Founders and Local Institutions.

TL;DR Summary
An anonymous employee of Silicon Valley Bank has given a firsthand account of the bank's collapse, revealing that rank-and-file employees felt that management did a "dismal" job of keeping them in the loop. The employee also spoke about the personal toll of the collapse, with many employees losing significant amounts of equity. Despite this, the focus remained on helping clients, with the employee describing the culture as one of customer service. The employee also praised the support of VC firms and partners, who rallied around the bank in its time of need.
- I'm an SVB employee who lost more than $1 million. Here's the inside story of our struggle to survive. Business Insider
- 'It was agony': Why SVB's collapse is especially hard as a Black founder, says CEO CNBC
- Area bankers say crisis unlikely to impact local institutions The Missourian
- Opinion | This Column Is Dedicated to Silicon Valley Venture Capitalists The New York Times
- Has the Silicon Valley Bank crisis been averted? Don't be so sure San Francisco Chronicle
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