2023-03-10
PSA from Erin Platts, CEO of SVB UK (1/x): “SVB UKs balance sheet is segregated from the balance sheet of its parent, Silicon Valley Bank. In this sense, SVB UK, Ltd. is ring-fenced from the parent and its other subsidiaries...” https://twitter.com/...
The Information
Some VC firms are encouraging their portfolio companies to pull funds out of Silicon Valley Bank while others are advising startups to keep no more than $250K
Silicon Valley Bank CEO Greg Becker on Thursday told top venture capitalists in Silicon Valley to “stay calm” …
PSA from Erin Platts, CEO of SVB UK (1/x): “SVB UKs balance sheet is segregated from the balance sheet of its parent, Silicon Valley Bank. In this sense, SVB UK, Ltd. is ring-fenced from the parent and its other subsidiaries...” https://twitter.com/...
Financial Times
Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities
Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities — Silicon Valley Bank has launched a $2.25bn share sale …
2023-01-15
“@demishassabis was thoughtful enough to understand that the technology had long-term societal [ethical] implications, and wanted to understand those before the technology was invented, not after deployed,”... not just 2 steps ahead, but 20 steps ahead" https://time.com/...
TIME
A profile of, and interview with, DeepMind CEO Demis Hassabis on AGI, “not moving fast and breaking things”, launching the Sparrow chatbot in 2023, and more
Demis Hassabis stands halfway up a spiral staircase, surveying the cathedral he built. Tweets: @glenngabe , @billyperrigo , @paulroetzer , @time , @eileentso , @jeffnesbit , @sarth...
2019-12-01
great observations and post by @Alex_Danco https://alexdanco.com/... — starting to see a bit of this in London now via @Techmeme
Alex Danco
How angel investing for social status is a core part of Bay Area tech ecosystem, and is critically missing from other cities trying to grow their tech scenes
Michael Seibel of YC posted a short video the other day about a topic that's near and dear to my heart: Why Fundraising is Different in Silicon Valley. Tweets: @alex_danco , @giord...