Silicon Valley Bank’s collapse forces startups to navigate a disrupted financial world

Silicon Valley Bank’s collapse forces startups to navigate a disrupted financial world

a year ago
Anonymous $Gb26S9Emwz

https://www.siliconvalley.com/2023/03/15/a-huge-disruption-startups-worldwide-gird-for-life-after-svb/

Lizette Chapman, Hannah Miller and Priya Anand

(Bloomberg) — Startups from Silicon Valley to London, Tel Aviv and tech hubs across Africa depended on Silicon Valley Bank as a one-stop shop for everything, from holding their fortunes to personal mortgages. Now, the bank’s failure has forced them to navigate a new world of banking just as the financial markets tip into chaos.