Making Sense of a Wild Week in the Markets

March 12, 2023
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…

Brex CEO is trying to raise over $1 billion in a weekend for SVB-related bridge loans

March 11, 2023

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

VCs are declaring their allegiances in the wake of SVB’s collapse

March 11, 2023

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

Silicon Valley Bank implodes, Apple launches a new music service, and ChatGPT goes enterprise

March 11, 2023

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