The Devastating Impact of SVB’s Collapse on Startups: Inability to Make Payroll

The collapse of Silicon Valley Bank (SVB), one of the largest and most influential banks for startups, has sent shockwaves through the startup world. While many have focused on the impact on the financial industry and the broader economy, the effects on individual startups are now becoming clear. With SVB’s collapse, many startups are now struggling to make payroll, and the consequences are dire. For … Continue reading The Devastating Impact of SVB’s Collapse on Startups: Inability to Make Payroll

What Silicon Valley Bank’s Demise Means for Venture Capital and Startup Funding

On March 10th, 2023, the collapse of Silicon Valley Bank sent shockwaves throughout the financial world, and the effects of its demise are likely to be felt by mainstream players in the banking sector. Regulators pulled the plug on the bank after it overexposed its weakness by first trying to sell shares and then attempting to sell the bank, causing nervous investors to make a … Continue reading What Silicon Valley Bank’s Demise Means for Venture Capital and Startup Funding