In a shocking turn of events, Silicon Valley Bank (SVB) has collapsed, causing panic among tech companies and startups.

The bank experienced a massive run, resulting in 93% of its $16 billion in deposits being uninsured.

As a result, SVB has been shut down and officially gone into receivership.

The Federal Deposit Insurance Corporation (FDIC) will have limited reopening on Monday, taking control of the bank and gaining access to potentially revealing details of questionable dealings in Silicon Valley.

This news is particularly devastating for tech companies in the United States, as SVB was the 20th largest bank in the nation and the go-to choice for high-tech startups.

However, amidst the chaos, there may be a silver lining for BetterUp, a San Francisco-based startup.

With SVB’s collapse, BetterUp could face a significant cash crunch, leading to cost-cutting measures and a delay in their initial public offering (IPO).

The IPO had already been struggling, and now, with the bank’s collapse, it seems even further out of reach.

Harry, who serves as the chief impact officer at BetterUp, may also face personal repercussions.

Losing his C-suite position could potentially impact his immigration status if he holds a green card.

Furthermore, his days of luxurious living in a San Francisco condo, indulging in alleged drug parties with BetterUp executives, may come to an abrupt end.

The company will need to adopt a more responsible approach to ensure its survival.

Rumors suggest that Harry is not well-liked by the staff at BetterUp, who believe he was only hired due to his royal blood and title.

Many claim that he lacks intelligence, qualifications, skills, work ethic, and experience.

Allegedly, he only passed high school due to generous grading from his teachers.

On March 9th, Harry participated in a live stream chat with BetterUp’s CEO, Alexi Robichaux.

During the 30-minute Q&A session, Harry expressed his admiration for BetterUp, mentioning that he had offered its services to all employees at his own company, Archwell.

He emphasized the positive impact coaching has had on his life and how it motivates him every morning.

When asked about why they hired Harry, Alexis explained that he and co-founder Eddie Medina considered luminaries and leaders in the world, ultimately concluding that Harry was the perfect fit.

It was a dream come true for them to work alongside him.

However, Harry’s recent admission of drug use during a televised therapy session could have severe consequences.

Speaking to renowned therapist Dr. Gabor Maté on “The Myth of Normal, Trauma, Illness and Healing in a Toxic Culture,” Harry revealed that he turned to drugs as a coping mechanism for trauma.

Piers Morgan highlighted that US officials view drug use by non-US citizens unfavorably, potentially jeopardizing Harry’s stay in the country.

It seems that Harry’s journey of public revelations is far from over.

After his controversial memoir and global family criticism, he has now ventured into a live therapy session with Dr. Gabor Maté, positioning himself as a victim of immense proportions.

The collapse of Silicon Valley Bank has sent shockwaves through the tech industry, leaving high-tech startups like BetterUp in a precarious position.

As the FDIC takes control, the full extent of the bank’s downfall and its impact on Silicon Valley will be revealed.

Only time will tell how this crisis will shape the future of tech companies and the fate of individuals like Harry, caught in the chaos.