What people are missing is that the only way a Silicon Valley Bank can exist is if one such is allowed to fail. If the government is to back deposits 100%, the

What people are missing is that the only way a Silicon Valley Bank can exist is if one such is allowed to fail. If the government is to back deposits 100%, then it should and will have authority to regulate assets purchased. Anything looking different or new or without a track record will be "risky" and unsuitable. Hello, that's what startups look like. Do you want some bureaucrat holding veto power over your bridge loan? Well, if the regulator is on the hook for the loss, then that's what you've got.