‘Lungs of the startup world’: bank fall upends most Silicon Valley industries

‘Lungs of the startup world’: bank fall upends most Silicon Valley industries

a year ago
Anonymous $Gb26S9Emwz

https://www.theguardian.com/technology/2023/mar/15/silicon-valley-bank-failure-industries-investors-rattled

Demise of Silicon Valley Bank has rattled not just businesses and investors but the ecosystem that grew up around it

Startup founders, venture capitalists and aspirational entrepreneurs descended on Austin on Friday for the annual South by Southwest conference as they do every year. But as the day wore on, a sense of fear and confusion began to take hold amid the usual energy and buzz in the Texas capital.