As the SVB dust begins to settle, what’s ahead for startups, VCs, and the banking industry?
https://techcrunch.com/2023/03/13/as-the-svb-dust-begins-to-settle-whats-ahead-for-startups-vcs-and-the-banking-industry/
The public and private markets are busy digesting a frenetic weekend kicked off by the failure of Silicon Valley Bank late last week.
After a run on SVB, an institution where a great many venture capitalists and startups stored their cash, the bank was taken over by the U.S. government after depositors raced to get their capital from the institution.