[Lightspeed]

It sounds like this might be just the first of a number of banks that are going to struggle with unrealised losses. They're probably big enough to weather things. Right?

But perhaps the cascade effects of SVB failing tips things over the edge? Tech companies folding amidst of a glut of tech worker layoffs.

Then again, tech is weird. It's not like factory workers losing their jobs, who depend on the factory for their ability to produce value. How many tech workers don't have a project in the back of their mind they could apply themselves to?