SVB Is A Story Of Digital Herds In Need Of A Shepherd

I never thought I would be a part of the fastest bank run in history. On a late Thursday evening earlier this month, I received a text message saying that Silicon Valley Bank – our company’s bank – was on the brink of collapse. I read the message three times, letting it sink in, and then sent out a couple of messages of my own. It was immediately clear what we needed to do. Thanks to the bank’s online portal, we extracted all our deposits in a matter of hours.

As it turns out, I was not alone. I was part of a digital herd that received the data

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