As the SVB dust begins to settle, what’s ahead for startups, VCs, and the banking industry?

As the SVB dust begins to settle, what’s ahead for startups, VCs, and the banking industry?

a year ago
Anonymous $Gb26S9Emwz

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.