The Impact of Silicon Valley Bank's Fallout on Southeast Asia VC Firms and Capitalism.

Southeast Asia's venture capital firms could face a bigger impact from the collapse of Silicon Valley Bank as finding a replacement for the U.S.-based bank in the region will be challenging. Local banks in the region do not provide the same product and services that SVB provides. However, startups in Southeast Asia are unlikely to be hit by the contagion from the collapse of Silicon Valley Bank as most did not bank with the U.S.-based bank.