[rottencupcakes]

Can we all just be reasonable here? There is no black and white.

SVB clearly offered services that other banks couldn't or wouldn't provide - whether that be loans, credit cards, interest, or anything else.

They clearly fought to not be subject to specific regulations that bigger banks were subject to.

Was every depositor thinking about all this when choosing their banking decisions or were they just going with the bank their VC recommended? Probably the latter, but there's definitely some wiggle room here.

[gusgus01]

Elsewhere it looks like SVB was required to be used as per other commenters in this thread: https://news.ycombinator.com/item?id=35129692

So yeah, not a better interest rate but the ability to get a venture debt line at all was predicated in banking at SVB.