‘Trust is a hard thing to earn’: SVB’s closure could disproportionately affect Black founders

Dakotah Rice, the founder of investing platform Pollit, was sitting on his couch Thursday watching CNBC as he does every morning. Then, his phone started ringing — and didn’t stop.
“I started getting texts and calls from my investors saying, ‘Look, you should move your money out of Silicon Valley Bank, something’s going on there,’” Rice told TechCrunch+. “My first instinct was just to act quickly, I didn’t ask a lot of questions.”
He moved most of his money from SVB to another bank, leaving just some cash in case of a false alarm. But hundreds of people were doing the same thing, which led to

リンク元