Mark Suster urges “calm” after Silicon Valley Bank’s bungled messaging

  • Investor Mark Suster of Upfront Ventures urges “calm” on Twitter.
  • Silicon Valley Bank had botched its messaging around an effort to strengthen its balance sheet.
  • Start-up founders had become worried that their deposits at the tech-friendly, 40-year-old institution were at risk.
  • Mark Suster believes that a “handful” of bad actors in venture capital had destroyed Silicon Valley Bank.