Natural disasters bring about a set of customary responses: declaration of a state of emergency, rollout of government support, a crush of media to the affected areas, a sympathetic outpouring of support to relief agencies. Then, within a few days or weeks, the news cycle shifts and public attention dwindles.
Though not a natural disaster, the dramatic collapse of Silicon Valley Bank on March 10 represented an existential crisis for startups, and the playbook resembled that of a natural disaster response. The Treasury Department stepped in. The media swarmed. Across the country, organizations such as UpSurge mobilized, and people responded.
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