Ripple Effects? California's Stem Cell Agency and the Collapse of Silicon Valley Bank

Graphic Liquid Capital

It was a multibillion-dollar bank run that took place, at least partially, on a bus in Boseman, Montana.

And it could involve some of the scores of companies backed with tens of millions of dollars in research awards from the $12 billion California stem cell agency.

The worst may have been averted, however, by an announcement Sunday …