Silicon Valley Bank collapse causing chaos for tech startups

Tech startups have been left without access to their money in the wake of Silicon Valley Bank's collapse. Regulators seized the assets of one of Silicon Valley's top banks, leading to chaos for its customers. It marks the largest failure of a US financial institution since the height of the financial crisis almost 15 years ago.Shelf Engine is one of the small companies that has been impacted by the crash.Stefan Kalb, its CEO, explains in this video how they have been hit. Source: PA