Gener8tor co-founder Troy Vosseller is accustomed to a certain amount of risk — his Wisconsin-based startup accelerator and venture capital firm has invested in more than 300 startups, employs more than 100 people nationwide and hosts conferences for thousands of attendees.

But when gener8tor opened a bank account with Silicon Valley Bank (SVB), which was the 16th-largest FDIC-insured bank in the U.S. before its swift shutdown Friday, Vosseller thought it was among the firm’s least-risky moves.

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