Silicon Valley Bank VP 'heartbroken' for startups affected by collapse

"My heart goes out to all of the startups who have been affected by this tragedy," Giannini"I have learned so much from you all and you have helped make me a better person. I am heartbroken and hoping that everything works out for all of you."

Palo Alto-based Giannini said Silicon Valley Bank played an important role in his family for over 30 years, with both his grandmother and aunt also working there. He wrote:"I have worked at SVB for over 13 years but it goes far beyond that. I grew up around SVB. My grandmother and Aunt both worked at SVB as well as other family members. The bank has been such an important part of my life over the past 30+ years and I, like many others, am still processing everything."

At age 10, Giannini attended company picnics with his grandmother when she was still working at the bank, per Silicon Valley Bank's website.

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