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Silicon Valley Bank is on verge of collapse; VC firms urge startups to withdraw funds from crisis-laden bank; stock down 70%
Venture capital firms are urging tech startups and companies in their portfolio companies to move money out of embattled lender Silicon Valley Bank. On Friday, the trading of SVB Financial Group’s shares, the holding company of Silicon Valley Bank, was
Venture capital firms are urging tech startups and companies in their portfolio companies to move money out of embattled lender Silicon Valley Bank. On Friday, the trading of SVB Financial Group’s shares, the holding company of Silicon Valley Bank, was […]