SVB is already the talk of SXSW

Austin’s annual SXSW music, arts and tech festival officially kicked off today, and it’s already clear that there’s going to be at least one central focus for the show: The ongoing collapse of Silicon Valley Bank (SVB) and its repercussions.
I arrived on the ground this morning, and overheard people talking about it on my flight from Toronto (filled with entrepreneurs, Shopify employees and some investors); had one person ask me about it on the street without prompting (the only person I stopped and talked to on the street); and heard it discussed first as the crowd babble an

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