[ad_1] In the petition to US Secretary of Treasury Janet Yellen, FDIC chairman Martin J Gruenberg and other senior government authorities, Y Combinator (YC) said that one-third of startups within…
Tag: SVB collapse
Fallout from SVB collapse spreads around world from London to Singapore
[ad_1] The fallout from the collapse of Silicon Valley Bank is beginning to spread around the world. Startup founders in California’s Bay Area are panicking about access…
Silicon Valley Bank fallout decimates Sweden’s largest pension fund’s stake by 54%
[ad_1] Alecta — which oversees more than $104 billion in assets — had doubled its holdings in SVB during the past year, ending 2022 with a holding worth $609 million.…