Silicon Valley’s favorite bank just failed. Sit with that for a moment.
TC+ roundup: Silicon Valley Bank fails, fintech VC survey, B2B growth tools by Walter Thompson originally published on TechCrunch
Sometimes, leaving stealth isn’t your own choice: It’s a force function of two of your largest competitors evaporating from the business, and the third triggering clients so much that there’s a talk of a bank run. At least that’s the case for Series CEO Brexton Pham, who has been building a full-stack enterprise platform for […]
For startup competition, SVB’s nightmare is a win and a dare by Natasha Mascarenhas originally published on TechCrunch
Rethink Ventures just announced a €50 million specialist fund focused on mobility, automotive and logistics. With keywords “clean, safe, and digital,” the Munich-based firm is focusing especially on Europe-based startups at the early stage, stretching into Series A financing. LPs include ZF Ventures, Hellmann Worldwide Logistics, KION Group, Berylls and HAVI, as well as the […]
Rethink rethinks mobility and logistics with new €50M fund by Haje Jan Kamps originally published on TechCrunch
Silicon Valley Bank has been closed by regulators, which are now in charge of the bank’s deposits, according to a release sent out by the Federal Deposit Insurance Corporation on Friday. While banking activities in SVB’s 17 branches are closed today, SVB’s operations will resume on Monday – this time, with the FDIC in charge. […]
Silicon Valley Bank is being shut down today by regulators by Natasha Mascarenhas originally published on TechCrunch
Secure messaging apps are lining up to opposite measures in the UK government’s Online Safety Bill (OSB) they argue will do the opposite of promoting online safety by undermining the robust encryption web users rely upon to safeguard their communications. Meta-owned WhatsApp, the not-for-profit Signal Foundation behind the Signal app, Element, which operates the decentalized […]
Secure messaging apps line up to warn UK’s Online Safety Bill risks web security by Natasha Lomas originally published on TechCrunch