As a commercial bank popular among tech entrepreneurs and startups, much of Silicon Valley Bank’s business was concentrated in a single sector — a potentially risky situation. But it was still a shock to the business world when it failed on March 10. Now, after the dust has settled somewhat, what are the takeaways?
“It’s an awakening for other banks to say, ‘Hey, depositors are not asleep at all.’ They’re looking at your banks, and if you don’t manage your banks appropriately, they’re…