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