The markets were alerted to trouble at Silicon Valley Bank last Wednesday night, when the company announced a $2.25 billion share sale plan to shore up its balance sheet.
Behind the scenes: There have been many questions about why SVB and its Goldman Sachs bankers structured and timed the sale in the manner that they did, with the U.S. government seizing SVB less than 48 hours later. Axios has spoken with multiple sources, in an effort to piece together the timeline: