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When you hear “Silicon Valley,” you probably think venture capitalists, tech startups and wealthy personalities such as Bill Gates and Mark Zuckerberg. So, you might be under the impression that the Silicon Valley Bank (SVB) collapse is a “Silicon Valley problem” — something only the most privileged need to worry about. It’s not. The repercussions of the SVB failure could harm the economic wellbeing of our most underserved communities. […]
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