Yesterday, panic first swept across the startup and VC ecosystem as shares of tech-startup bank Silicon Valley Bank (SVB) plunged by more than 60% after the company announced plans to raise more than $2B in capital to help offset losses on bond sales.
Share this post
Enterprise Weekly #416: SVB Shuts Down, The…
Share this post
Yesterday, panic first swept across the startup and VC ecosystem as shares of tech-startup bank Silicon Valley Bank (SVB) plunged by more than 60% after the company announced plans to raise more than $2B in capital to help offset losses on bond sales.