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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

Happy Friday, folks. It’s Kyle again, Greg’s stand-in for Week in Review. (He’ll be back in a few weeks’ time, not to worry.) If you’re a WiR newbie, it’s the newsletter where we recap the past five days in tech news. I might be biased, but I’d say it’s the best way for the busy […]

Silicon Valley Bank implodes, Apple launches a new music service, and ChatGPT goes enterprise by Kyle Wiggers originally published on TechCrunch

Founders and venture capitalists aren’t the only ones experiencing volatility right now: Silicon Valley Bank employees are seeing their jobs in flux as their employer falls apart. SVB, which was closed down yesterday, is now being run by regulators. And while employees are no longer employed by the bank, they got an e-mail from “the […]

Regulators are requesting SVB employees to stay on for the next 45 days by Natasha Mascarenhas originally published on TechCrunch

Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. Writer’s note: We’re breaking from our usual formatting this week because there was a once-in-a-generation collapse of one of the biggest banks in the country. […]

OK, what is going on with SVB? by Natasha Mascarenhas originally published on TechCrunch

Enterprise cloud spend is holding up well, but large companies are looking into vendor consolidation. This makes cloud marketplaces an increasingly relevant sales channel for B2B startups.

On cloud marketplaces, nobody knows you’re a startup by Anna Heim originally published on TechCrunch

https://www.youtube.com/live/9Tv6pbDCmLk?feature=share Relativity Space is gearing up for its second launch attempt of the Terran 1 rocket, wasting no time after scrubbing the first attempt earlier this week. The company returns to the launch pad at Cape Canaveral with the goal of making history: sending the worlds first majority-3D printed rocket to orbit. The first launch […]

Watch Relativity attempt to launch Terran 1…again by Aria Alamalhodaei originally published on TechCrunch

The fallout from the collapse of Silicon Valley Bank is impacting a range of startups and larger firms including, as we know now from SEC filings, publicly traded companies like Roku, Roblox, Quotient, and others. Roku said in a filing that it had around $487 million held at SVB, representing around 26% of its cash […]

Roku, Roblox and others disclose their exposure to SVB in SEC filings by Sarah Perez originally published on TechCrunch

Welcome back to Chain Reaction, a podcast diving deep into the stories, backgrounds and latest news with the biggest names in crypto. For this week’s episode, Jacquelyn interviewed Jack Mallers, the founder and CEO of Strike, a bitcoin-based payment network and financial app that is trying to expand the reach of cross-border payments and remittance […]

Bitcoin and the Lightning Network are moving payments globally by Jacquelyn Melinek originally published on TechCrunch