Investor Mark Suster says a “handful” of bad actors in VC destroyed Silicon Valley Bank

March 11, 2023

Yesterday at around noon in Los Angeles, investor Mark Suster of the venture firm Upfront Ventures began urging “calm” on Twitter. Silicon Valley Bank had bungled its messaging on Wednesday around an effort to strengthen its balance sheet, and startup founders were beginning to fear that their deposits at the tech-friendly, 40-year-old institution were at […]

Investor Mark Suster says a “handful” of bad actors in VC destroyed Silicon Valley Bank by Connie Loizos originally published on TechCrunch

Microsoft bets on algae to mitigate its growing carbon footprint

March 11, 2023

Like all of its peers in the tech industry, Microsoft has a carbon pollution problem. The software giant’s emissions are on the rise, in spite of a pledge from the company to be carbon negative by 2030. This ticking clock explains Microsoft’s latest deal to address its environmental toll: It’s turning to Running Tide to […]

Microsoft bets on algae to mitigate its growing carbon footprint by Harri Weber originally published on TechCrunch

SVB’s debacle is causing panic in China’s startup industry

March 10, 2023

The panic sparked by the collapse of Silicon Valley Bank is spreading to China, the world’s second-largest venture capital market. Across social media platforms, investors and startups are rushing to share news articles on the fiasco and thoughts on how to prevent such a catastrophic moment. For some companies, however, the impact is tangible. When […]

SVB’s debacle is causing panic in China’s startup industry by Rita Liao originally published on TechCrunch