Around 20 investors and founders detail how some solo investors and small VC firms helped startups during the SVB crisis while many big VC firms disappointed
its failure will have a large impact Alexa Mikhail / Fortune : ‘You can lose everything’: How founders' mental health also collapsed with SVB's downfall Paul Gompers / HBR.org : Silicon Valley Bank's ...
Around 20 investors and founders detail how some solo investors and small VC firms helped startups during the SVB crisis while many big VC firms disappointed
its failure will have a large impact Tia Bot / Tech in Asia : These are the most active investors in Singapore's startups Alexa Mikhail / Fortune : ‘You can lose everything’: How founders' mental heal...
SVB's collapse is a tale of ambition, management mistakes, and focusing on innovation over the mundane work of managing risk and ensuring financial prudence
Maureen Farrell / New York Times :
Email: SVB's new CEO Tim Mayopoulos says SVB NA, a new, FDIC-run “bridge-bank” with deposits protected by the FDIC, is “open and conducting business as usual”
The former Fannie Mae exec says new deposits will be protected by the FDIC
SVB bears responsibility for its demise, the outcome of disruption being tech's objective function, and the Silicon Valley myth could be the ultimate casualty
Banks are, at their core, facilitators: depositors lend their money to a bank, for which they are paid interest, and banks lend that money out, again for interest.
More than a bailout, SVB needs a white knight, someone who can come in and take over the bank that has been at the heart of the US innovation economy
After three decades of being part of the Silicon Valley ecosystem — as a reporter, writer, entrepreneur, and investor — I thought I had seen it all.
California regulators close SVB and name the FDIC as the receiver to protect insured deposits; SVB ended 2022 with ~$209B in assets and $175.4B in deposits
banks, lawyers, etc — and it's a minor but not insignificant screening mechanism. https://twitter.com/... Jason Zweig / @jasonzweigwsj : If you want to create a perverse incentive for banks to become ...