
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
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