Comment by SilverBirch

I think an undercovered long term impact of Silicon Valley Bank collapsing is that VCs have managed to kill off one of their own unique perks. Once you start digging in to what SVB was doing it wasn't just holding money for VCs and start ups, it was doing all sorts of stuff that was clearly questionable banking practice- but bought it that unique clientelle. Whether it's cheap mortgages to founders, weird venture debt, or turning a blind eye on regulatory compliance. One thing no clearly some VCs didn't think about was "next time I need a bit of flexibility out of a bank, could I get that flexibility from JPM". The answer is clearly no, and the whole Valley is going to have start playing by the rules of mere mortals again.