March 2023

The US Treasury Secretary Janet Yellen said the government is working with banking regulators to design “appropriate policies” to address the fallout of Silicon Valley Bank and is “concerned about depositors,” but she dismissed the idea of a bailout in a potential setback for the startup ecosystem that is reeling from what is the worst […]

Yellen says government trying to meet needs of Silicon Valley Bank depositors but dismisses bailout by Manish Singh originally published on TechCrunch

The ramifications of Synthesis Center’s collapse could have a destabilizing impact on the nascent commercial psychedelics community as a whole. 

Synthesis Institute collapse is a major setback for US psychedelic therapy by Haje Jan Kamps originally published on TechCrunch

Looking to level up your free time? Check out what’s playing on Entrepreneur TV this week!

It’s been another doozy of a week for the S&P 500 (SPY). We had Fed Chair Jerome Powell giving his semiannual testimony before the Senate Banking Committee. We had the…

When the spring months arrive, you can look forward to an additional hour of daylight in your schedule. Here’s what entrepreneurs can do with that extra sunlight to improve themselves and their businesses.

Did you ever really buy the bullish argument touted by some to start the new year? Yes, it was an amusing fable that has now lost its luster as the…

The investor called on Congress to act more decisively to save SVB after it was taken over by regulators on Friday.

Y Combinator calls on Congress to act on SVB collapse by Natasha Mascarenhas originally published on TechCrunch

Brex CEO Henrique Dubugras is currently working to raise over a billion dollars in a weekend to help fund an emergency bridge credit line that he believes will help startup customers impacted by Silicon Valley Bank’s collapse be able to make payroll next week. Dubugras declined to comment on how much capital has been committed […]

Brex CEO is trying to raise over $1 billion in a weekend for SVB-related bridge loans by Natasha Mascarenhas originally published on TechCrunch

The dust has yet to settle in the largest bank run in U.S. history, a collapse that in just 48 hours dismantled the tech startup-focused Silicon Valley Bank. But already a debate is raging in the venture capital community and investors are picking sides. On Friday, a group of more than two dozen venture capital […]

VCs are declaring their allegiances in the wake of SVB’s collapse by Kirsten Korosec originally published on TechCrunch