> VCs have fiduciary responsibility to their Limited Partners. > VCs must act in the best financial interest of their LPs. So if a VC knew or suspected that th

> VCs have fiduciary responsibility to their Limited Partners. > VCs must act in the best financial interest of their LPs. So if a VC knew or suspected that their investments were at risk due to bank insolvency, they have a fiduciary responsibility to act. Otherwise LPs could sue for breach of fiduciary duty. No VC is getting sued for not telling their startups to yank cash during a 48 hour bank run.