On Friday it was announced that Silicon Valley Bank, the 16th largest in the nation, was ordered closed by Federal regulators, and will be auctioned off by the time most of you read this. California winerys, Etsy, and even employee paychecks all over the nation were negatively effected. Seems SVB was a victim of suffering tech companies who started a run on the bank, and when 2,500 of the world’s largest venture capitalists get nervous you can bet it is bad.