• Emerging managers hope the new SVB offers the same support to new VCs

    13 days ago - By Tech Crunch

    Before it crashed, Silicon Valley Bank was known to many startups and venture firms as the place to park their money or take out a capital line. But for emerging managers, it was a lot more than just a financial institution.
    Multiple emerging managers told TechCrunch+ that SVB was instrumental in helping them build their firms from the ground up. It also provided support to help them build networks and feel included in the venture ecosystem despite their size. After the bank's collapse and the ensuing chaos, many were left wondering if the things they loved most about SVB would...
    Read more ...

     

  • Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems

    13 days ago - By NY Times

    The bank was using an incorrect model as it assessed its own risks amid rising interest rates, and spent much of 2022 under a supervisory review.
    Read more ...

     

  • Silicon Valley Bank's Demise Tightens Spigot On $30 Billion Of Venture Lending

    13 days ago - By Forbes

    Startups borrowed so they didn't have to give up equity. After the collapse of market leader SVB, they should expect higher rates and fewer deals in the near future.
    Read more ...