Did you hear that giant whooshing sound? That was the collective exhale of tens of thousands of startup founders, workers and investors after federal regulators assured customers of the failed Silicon Valley Bank that they would have access to all of their deposits. Most of the bank’s 40,000 customers are tech startups, which spent much of the weekend bracing for the worst: that their money would be tied up or lost for good. That’s off the table now, but there’s still an SVB-sized hole in the tech landscape, according to Natasha Mascarenhas, a senior reporter at TechCrunch. She spoke to Marketplace’s Meghan McCarty Carino about how this one bank became so embedded in the startup scene.

The SVB-sized hole in Silicon Valley

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