I’ve been putting off writing about this story, because I don’t understand financial stuff as well as other things. Furthermore there’s always enormous amounts of FUD with finance stories, so it can be extremely hard to figure out exactly what is going on. Now that the dust has cleared somewhat I feel I can finally write my overview. NBC News: Silicon Valley Bank, one of the leading lenders to the tech sector, was shut down by regulators Friday [March 10th] over concerns about its solvency. On Wednesday evening, SVB announced it was planning to raise $2 billion to “strengthen [its] financial … Continue reading Silicon Valley Bank, an Overview