Silicon Valley Bank collapses due to poor risk management, causing liquidity issues and a bank run.

SVB had $120 billion worth of securities and lost $1.8 billion on their AFS bond portfolio due to unmanaged interest-rate risk.

Unlikely to spread to big banks; nearly half of US venture capital-backed startups held banking relationships with SVB.

Over 95% of SVB's deposits are uninsured by the FDIC.

Executives sold millions of dollars of stock just days before the collapse.

A big bank buyout is likely, with Elon Musk open to the idea.

Debate around whether SVB should be bailed out by the Fed.