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‘Trust is a hard thing to earn’: SVB’s closure could disproportionately affect Black founders

‘Trust is a hard thing to earn’: SVB’s closure could disproportionately affect Black founders

Dakotah Rice, the founder of investing platform Poolit, was sitting on his couch Thursday watching CNBC as he does every morning. Then, his phone started ringing — and didn’t stop. “I started getting texts and calls from my investors saying, ‘Look, you should move your money out of Silicon Valley Bank, something’s going on there,’”…