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LA Times Today: Silicon Valley Bank broke. Silicon Valley is broken (Column) [Video]

Categories
Venture Capital

After the failure of not one but two banks within the last week, Massachusetts Senator Elizabeth Warren is laying the blame on Washington and the roll-back of rules placed on America’s banking system after the 2008 financial crisis.

But also under scrutiny today, the entire ecosystem of Silicon Valley fueled by a firehose of venture capital.

Brian Merchant has written books about the tech world and is a technology columnist for the L.A. Times.

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