Silicon Valley startups: We're libertarian, hate government regulation and oversight, and believe every person and business should be accountable for its own decisions and mistakes.

Also Silicon Valley startups: OMG,
#SVB has failed. The government better do a bailout, and the FDIC must protect all our assets expediently!

amp.cnn.com/cnn/2023/03/10/inv…

Silicon Valley Bank collapses after failing to raise capital

Silicon Valley Bank collapsed Friday morning after a stunning 48 hours in which a bank run and a capital crisis led to the second-largest failure of a financial institution in US history.

^{By Allison Morrow and Matt Egan, CNN (CNN)}