Ah, thanks for explaining. > most LPs didn’t hold their money in SVB. At the very step of funding, do LPs wire the money to a single bank (SVB) and then the V

Ah, thanks for explaining. > most LPs didn’t hold their money in SVB. At the very step of funding, do LPs wire the money to a single bank (SVB) and then the VC dispurses it to the startup in one lump sum? Or do the LBs wire the money to the startup's bank account (at SVB)? I've heard that UHNW individuals also individually banked with SVB. Wouldn't they have their money at SVB? Also, wouldn't the VC's long-term relationship w/ SVB give them (the VCs and the startup they're funding) much more leeway with what the bank considers acceptable behavior (ie not money laundering and worth filing an SAR over)? Now that those relationships are gone and the VC has to go through the front door and deal with, say, BankOfAmerica or Chase like the rest of us chumps; doesn't the loss of that relationship materially hurt the broader environment?