For startup competition, SVB’s nightmare is a win and a dare

Sometimes, leaving stealth isn’t your own choice: It’s a force function of two of your largest competitors evaporating from the business, and the third triggering clients so much that there’s a talk of a bank run. At least that’s the case for Series CEO Brexton Pham, who has been building a full-stack enterprise platform for institutions and enterprises since March 2021.
As a threat of a bank run looms at Silicon Valley Bank, days after Silvergate’s meltdown and impending shut down and Signature Bank’s ongoing step back from crypto customers, Pham has found himself in “the nuttiest week ever.”

リンク元