[Scoundreller]

What I'd like to know is what services SVB offered to startups that other banks wouldn't/couldn't/didn't. And if other banks wouldn't/couldn't/didn't, if there was a valid reason for it.

I can understand legacy banks not wanting to touch crypto, but what about the rest?

Or was a lot of SVB adoption just due to name recognition in the startup ecosystem?

[paulddraper]

SVB made revenue based debt financing super easy.

See Lighter Capital.

Whether that was smart or dumb, idk