{"product_id":"bank-run-20-oluchi-ike-9798276583259","title":"Bank Run 2.0: How Silicon Valley Bank Shook the Financial System","description":"On March 10th, 2023, Silicon Valley Bank - once the beating heart of America's innovation economy - collapsed in spectacular fashion. In just \u003cb\u003e48 hours\u003c\/b\u003e, a bank that had supported half of the country's venture-backed startups was overwhelmed by a tidal wave of panic. Fueled not by lines outside branches, but by \u003cb\u003etweets\u003c\/b\u003e, Slack messages, viral posts, and real-time dashboards, depositors yanked out \u003cb\u003e$42 billion in a single day\u003c\/b\u003e - faster than any bank run in history.\u003cbr\u003eFor the first time, the world witnessed what a \u003cb\u003efully digital, hyperconnected bank failure\u003c\/b\u003e looks like.\u003cbr\u003eSVB's downfall shocked global markets, triggered emergency interventions, and forced regulators to confront a disturbing truth: in an era where information spreads instantly and money moves at the tap of a smartphone, confidence can evaporate before institutions even know they're in danger.\u003cbr\u003eThis book explores not just how SVB collapsed, but \u003cb\u003ewhy\u003c\/b\u003e it happened - and what it means for the future of banking.\u003cbr\u003eWe go back to the bank's rise during the tech boom, when Silicon Valley was overflowing with cash, optimism, and sky-high valuations. SVB's success was inseparable from the startup ecosystem it served. When tech soared, the bank soared; when tech stumbled, SVB became dangerously exposed.\u003cbr\u003eWe examine how rising interest rates squeezed its balance sheet, how heavy concentration in a single industry magnified its vulnerabilities, and how management decisions left it with billions in unrealized losses.\u003cbr\u003eBut the heart of this story lies in the \u003cb\u003enew mechanics of panic\u003c\/b\u003e.\u003cbr\u003eA single influential post now spreads to millions in seconds. Venture capitalists coordinate withdrawal orders at scale. Group chats replace quiet phone calls. And digital banking makes moving millions as easy as tapping \"Transfer.\"\u003cbr\u003eThis is \u003cb\u003eBank Run 2.0\u003c\/b\u003e - a phenomenon where fear goes viral.\u003cbr\u003eWhen SVB fell, the U.S. government moved swiftly to contain the damage. The FDIC guaranteed deposits far above normal limits. The Federal Reserve launched emergency liquidity programs. Startups made payroll by the skin of their teeth. Global banks and tech markets held their breath.\u003cbr\u003eYet the deeper questions linger: \u003cul\u003e\n\u003cli\u003eCan banks survive when bad news spreads at lightning speed?\u003c\/li\u003e\n\u003cli\u003eIs diversification enough to protect institutions tied to high-growth industries?\u003c\/li\u003e\n\u003cli\u003eWhat happens when social media becomes an accelerant to financial instability?\u003c\/li\u003e\n\u003cli\u003eAnd most importantly: \u003cb\u003eAre we prepared for the next digital-era shock?\u003c\/b\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003eThis book is part of the \u003ci\u003eFinancial Crisis Series\u003c\/i\u003e, an exploration of humanity's repeated dance with financial disaster. Each crisis has its own signature - a bubble, a fraud, a political showdown - but at their core, they are stories about confidence, risk, and the fragile systems we build to manage both.\u003cbr\u003eSVB's collapse wasn't just a banking failure. It was a warning.\u003cbr\u003eA signal that the rules of finance have changed - and that our digital world can create crises faster than our institutions can respond.\u003cbr\u003eMy hope is that this book not only explains what happened in 2023, but also helps readers understand the evolving nature of risk in an interconnected age where information moves faster than stability can keep up.\u003cbr\u003e\u003cb\u003eWelcome to the story of the first true digital bank run - and the new era of financial fragility it revealed.\u003c\/b\u003e\u003cbr\u003e \u003cb\u003eOluchi Ike\u003c\/b\u003e\u003cbr\u003eFinancial Crisis Series\u003cbr\u003eBook 8: \u003ci\u003eBank Run 2.0\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Oluchi Ike\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9798276583259\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Independently Published\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 11\/28\/2025\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 132\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.71lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 11.00h x 8.50w x 0.28d","brand":"Oluchi Ike","offers":[{"title":"Paperback","offer_id":49083834204415,"sku":"9798276583259","price":29.99,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/bank-run-20-oluchi-ike-9798276583259","provider":"WR Book House","version":"1.0","type":"link"}