It was wrong and the risk is still hidden in the startups and VCs.

We forgave their risky behavior in a way we would not with any other industry, including Wall Street.

If Coca Cola lost $20b in SVB, we would not have forgiven it because it would be considered financial incompetence.

Everyone is from somewhere. Cofounder and CEO of Pinata. https://www.pinata.cloud/

Is SV a cornerstone of growth, economic output and American competitiveness on the global stage? hell yeah

was there some irresponsible investments made by a bank that actively markets itself in startups and curries favours with attractive lines of credit, mortgages and rates for founders who would otherwise not have the same access from traditional banks? yes.

Is SV a cornerstone? And, if your answer is yes, why was it all in SVB?

Coca Cola isn't a cornerstone of the economy, unfortunately until crypto takes off.. people need to have faith in banking institutions