Given how deeply and widely its roots run across the industry, Silicon Valley Bank — dramatically seized on Friday by the federal government amid a crippling bank run and a swooning stock — couldn't have a more apt name.
Why it matters: The stunning events of the last two days couldn't have unfolded as dramatically as it has without such a deep entrenchment. The venture capital industry is well known for its tight-knit network, and propensity to circulate information (and opinions) at the speed of tweets.
