This comes off as a strawman job. There was no grand conspiracy ahead-of-time to cause a run. It would be dumb on the part of investors and VCs to not facilit

This comes off as a strawman job. There was no grand conspiracy ahead-of-time to cause a run. It would be dumb on the part of investors and VCs to not facilitate moving vast sums of their money to safer places in an orderly fashion. OTOH, there existed an opportunity to steer cash in directions favorable to the influencers after SVB was already sinking. So I don't see any evidence it was anything other than mismanagement by growing too big too quickly and betting on riskier financial instruments than should've been allowed.