The Fallout and Future of Banking in the Wake of Silicon Valley Bank's Collapse.

1 min read
Source: Digiday
The Fallout and Future of Banking in the Wake of Silicon Valley Bank's Collapse.
Photo: Digiday
TL;DR Summary

The collapse of Silicon Valley Bank has led to a reality check for entrepreneurs and CEOs in advertising, with ad execs starting to see things they may not have anticipated, namely that confidence in banks is all relative. Going forward, many future startups in this space will be a lot more strict about who they are banking with and lead to a lot more diversification. The collapse of Silicon Valley Bank has contributed to a more consolidated supply chain, with weaker companies being weeded out.

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