silicon valley bank
First Citizens is acquiring $72B in deposits and loans from Silicon Valley Bridge Bank
First Citizens has agreed to buy Silicon Valley Bank, the California lender whose collapse sent shockwaves through the financial sector.
Now is the time to invest in Black-owned banks
It's essential to consider this moment as an opportunity to start banking with some of the few Black-owned banks.
Emerging managers hope the new SVB offers the same support to new VCs
When it came to emerging managers, SVB went beyond just banking resources. These young VCs hope that support isn't lost.
Silicon Valley Bank’s crash is providing valuable lessons all over the world
This week, some of my colleagues took a deep dive into the effects on consumers, businesses, banks, investors, etc. — all over the world — showing just how connected the startup ecosystem really i
Founders, don’t put all your cash in one basket
Whether you are an individual or a company, it makes sense to have more than one bank. Yet, many startups don't.
A $500 million term sheet in 12 hours: How Rippling struck a deal as SVB was melting down
As a serial entrepreneur who has famously endured some ups and downs, Parker Conrad thought he’d seen it all. Still, he never imagined that there would be a run on Silicon Valley Bank that would
Banking isn’t the only ‘single point of failure’ entrepreneurs should be rethinking
Silicon Valley Bank's collapse reminds us of the entrepreneurial art of balancing ambitious risk and necessary caution.
SVB Financial files for Ch. 11 bankruptcy protection, says it has $2.2B in liquidity
One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank and other subsidiaries, SVB Financial has taken the next inevitable step:
‘BRB, storing my money in gold’: Founders scramble to figure out which banks are safe
While diversifying assets feels obvious in retrospect, actually following that bit of advice is harder than it seems.
First Republic Bank could see $30B in rescue deposits coming, report says
First Republic Bank was caught in the wake of Silicon Valley Bank's collapse over the weekend and saw its shares plunge earlier this week. Shares were rebounding as this new development emerged.
Top crypto app downloads rise over 15% following SVB collapse
Following a shakeup in the U.S. banking system over the past week, crypto exchanges and wallets gained momentum as some look for bankless alternatives. The top 10 crypto applications for exchanges and
Everything you need to get caught up on the SVB crisis
A lot has happened with SVB, and unless it’s your job to edit the news, it’s possible you missed a slice of the saga, if not the entire story. Here’s what went down.
Artifact co-founder Kevin Systrom on the SVB crisis, its further impacts and future of tech
Artifact, the new personalized news app from Instagram’s co-founders, is another startup whose funding was caught up in the Silicon Valley Bank failure, and co-founder Kevin Systrom believes the
Bummed out from the last week? Here’s some bullish news for software companies
Amid the chaos, there are rays of good news: PagerDuty and UiPath posted impressive earnings reports, and software valuations bounced off recent lows.
SVB collapse forces African startups to rethink their banking options
The collapse of Silicon Valley Bank (SVB) last week sent ripples in startup ecosystems around the world, and it is emerging that millions of dollars held by African startups and venture capital funds
One founder’s account of what’s left behind from SVB’s crash
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single pe
‘Trust is a hard thing to earn’: SVB’s closure could disproportionately affect Black founders
The social impact of Silicon Valley Bank was ‘unparalleled.’
Regulators are looking harder at insider stock sales by SVB execs (which really added up)
The Justice Department and SEC are investigating the stock sales that officers of Silicon Valley Bank made days before the bank failed, according to both the WSJ and the NYTimes. The probes are report
Chaos in US banks could push crypto industry toward decentralization
The crypto industry lost some banking on- and off-ramps due to recent banking turmoil, signaling a potential shift toward decentralization.
Silicon Valley Bank’s new CEO urges customers to bring deposits back
SVB’s new CEO Tim Mayopoulos has had a lot to say in the 24 hours since he joined the bank on Monday. In a private Zoom meeting run by SVB for a select number of LPs and investors, he asked clie