[erincandescent]

...portfolio companies which need to make payroll payments to normal people

[youngtaff]

Still doesn’t make the majority of SVB’s customers normal people

[kreutz]

With thousands of your "normal people" on payroll by proxy.

[youngtaff]

Those normal people still aren't SVB customers… they don't decide where their employer banks or why they bank there

Yes, they're exposed to SVB failing but as everything in life we're all exposed to failures we have no influence over

VCs, founders etc had influence over where companies money was kept, and ultimately whether to start a run on the bank and kill it