It's indirect. Softbank gave money to startups. Startups put the money in SVB. If the startups hadn't been made whole then softbank would have seen many of it's investments fold.
Its an argument that creates a bailout of whoever we want, as long as they're within 6 degrees of SVB. [^1]
A huge rhetoric win, a loss for understanding.
[^1]: https://en.wikipedia.org/wiki/Six_Degrees_of_Kevin_Bacon
After all, startups take venture capital money from the rich and spend it primarily on t-shirts and catering - which primarily comes from small businesses who hire local unskilled labour.
Marx would be proud of the FDIC for their work.