2025-03-02
Saw the news about Mastercard Foundation pulling out of Africa, and honestly, I'm a bit tired of the same old “Africa funding crisis” narrative that's making the rounds. 🧵 https://restofworld.org/...
Rest of World
Mastercard withdrew its commitment to invest $100M in 54 Collective, a top VC firm in Africa, where startup funding fell from $4.6B in 2022 to $2.2B in 2024
Read the latest from @tarykuh.bsky.social: — restofworld.org/2025/masterc... X: @restofworld : Mastercard Foundations big withdrawal from Africa's top VC firm leaves a gap in sup...
2023-03-15
The past couple of days have been a roller coaster but I'm happy with the level of communication SVB has shown over the last few days. Currently on a call with the new CEO, Tim Mayopoulos of SVB and many other VCs/LPs. I'm confident keeping some of our capital at SVB.
New York Times
A profile of Tim Mayopoulos, named by the FDIC as the CEO of Silicon Valley Bridge Bank, who was BofA's general counsel during the 2008 financial crisis
The F.D.I.C. named Tim Mayopoulos as chief executive of Silicon Valley Bridge Bank. His job is to keep calm and carry on.
The past couple of days have been a roller coaster but I'm happy with the level of communication SVB has shown over the last few days. Currently on a call with the new CEO, Tim Mayopoulos of SVB and many other VCs/LPs. I'm confident keeping some of our capital at SVB.
Washington Post
Interviews with 20 people detail the Biden admin's response to SVB's and Signature's collapse, as tech executives and investors lobbied to protect all deposits
It seemed like a simple question: Did the treasury secretary have any concerns about the economic risks posed by Silicon Valley Bank?