The Weekend Silicon Valley Stared Into the Abyss
On Friday, March 10, Mike Wheeler, president and chief legal officer of payroll startup Patriot Software, was on a five-day cruise off the coast of Florida celebrating his brother’s wedding.…
Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Tag
silicon
The Ugly Lessons of Silicon Valley Bank’s Collapse
At first glance, the Silicon Valley Bank debacle seems to be a cut-and-dried financial caper. The executives running the 16th-largest bank in the US made the wrong choices in handling what…
How Silicon Valley Bank Became Startups’ Best Friend
Generally, it offered among the least-restrictive terms and equally competitive interest rates, entrepreneurs say. If a borrower failed, SVB was known to handle it more gracefully than other…
Rajeev Chandrasekhar: Silicon Valley Bank collapse: MoS Rajeev Chandrasekhar meets Indian startups…
Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT Rajeev Chandrasekharinteracted with over 450 startups, owned/co-owned by Indians, venture…
Regret and blame in Silicon Valley after bank run
Silicon Valley Bank customers wait in line at SVB’s headquarters in Santa Clara, California on March 13, 2023.…
Silicon Valley Bank’s Failure Deals a Blow to Europe’s Startups
Silicon Valley Bank's struggles started with a bad bet on long-dated US bonds. Rising interest rates meant that the value of those bonds fell. As depositors started to worry about the bank's…
Silicon Valley Will Still Need A Bank
In other words, there is a world in which people took better decisions and SVB continued to chug along quite happily. The question is: is that the world we want? One view is that it isn’t,…
The Silicon Valley Bank Contagion Is Just Beginning
Some people affected by the bank’s collapse will be in much more precarious situations than some of the monied investors and tech insiders tweeting through the crisis. California lawmaker…
Elon Musk Teases Interest In Buying Silicon Valley Bank – SlashGear
Elon Musk teased an apparent interest in buying Silicon Valley Bank, though such aspirations seem to be little more than a tweet-level musing at this time. The original idea…
The Silicon Valley Bank Collapse Explained: Why It Happened And What Comes Next – SlashGear
Per the FDIC, Silicon Valley Bank (SVB) was a fully insured institution that, as of March 3, had 18 branches in California and Massachusetts. Founded in 1983, SVB brought an…