Blame the Fed: David Sacks and the VC who cried bank-run

PayPal co-founder David Sacks blames the Federal Reserve for the collapse of Silicon Valley Bank, specifically citing rising interest rates.
PayPal co-founder David Sacks blames the Federal Reserve for the collapse of Silicon Valley Bank, specifically citing rising interest rates.
Citadel founder Ken Griffin says regulators stepping in to save Silicon Valley Bank is a sign that US capitalism is “breaking down.”