They aren't loaning money to the startups (well, mostly). They handled the banking. This current problem has nothing to do with their clientele, it has to do wi

They aren't loaning money to the startups (well, mostly). They handled the banking. This current problem has nothing to do with their clientele, it has to do with long term bonds. They sell banking services to startups... all companies need some way to manage payroll (for example). Regardless of the balance sheets of their clients, they should have been able to manage assets such that they could fulfill day to day banking needs. It's that failure to manage assets on the bank side that we're talking about. Startups/clients failing should be a normal event at SVB, given their focus.