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Fortune
Fortune
Megan Leonhardt

The real victims of SVB aren't the tech elite: Hardworking business owners share their horror stories of the bank's collapse

(Credit: Boston Globe/Getty Images)

Tiffany Dufu spent one morning last weekend crying in an airport bathroom as she scrambled to navigate the collapse of Silicon Valley Bank, which held most of her business funding. 

Dufu is the founder of The Cru, a professional training and coaching startup aimed at keeping women in the workforce. On Friday—just as SVB was taken over by federal regulators, and customers couldn’t access their accounts—she was scrambling to figure out how to make payroll for her employees, she explained in a video she later posted on LinkedIn. “It’s 10 people who I feel responsible for supporting. You take people's livelihoods very seriously,” Dufu told Fortune in a call on Tuesday.

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