There’s a reason Silicon Valley Bank became such a fixture among startups: it understood their needs better than any other bank. Even now, many banks don’t...
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The failure of Silicon Valley Bank could spark a run on other regional and midsized banks across the country if wealthy individuals rush to pull their...
Silicon Valley Bank (SVB) SIVB, -60.41% has long been an integral part of the Silicon Valley startup scene, lending money to venture-capital-backed companies and holding their...
“‘This is an “extinction level event” for startups and will set startups and innovation back by 10 years or more. BIG TECH will not care about...
The California Department of Financial Protection and Innovation closed Silicon Valley Bank and appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. Equity...