Calm down. No it won't. We have financial markets. Good startups/innovations will get funding elsewhere. This is already happening. The current equity holders will lose a bit. No big deal.
Urgency is warranted when indecision is an accelerant to a fire. Capital markets in the US are dysfunctional and getting worse. Banks don’t lend to small business in any meaningful amount. Going public takes forever. And if you think there is any financial institution except the Fed that could move fast enough to prevent every SVB client company from missing payroll, I would love to know who and how you know they could and would act.
digitaltrees|3 years ago