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 […]
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Trending topics and news from the silicon valley bank category
Back to news homeWhat does the collapse of SVB mean for venture debt?
Earlier this week, venture investors and startups ran from Silicon Valley Bank, a financial institution that started the week solvent and closed it being shut down by regulators. While its […]
SVB’s debacle is causing panic in China’s startup industry
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 […]
Silicon Valley Bank is being shut down today by regulators
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 […]
Some SVB customers are struggling to wire funds out of the bank
Some of Silicon Valley Bank’s customers are struggling to transfer funds out of their bank accounts, numerous sources tell TechCrunch. The seeming wave of attempted withdrawals comes after SVB announced […]
Silicon Valley Bank shoots self in foot
It may go down in the history books about Silicon Valley: the time that its most prominent bank, a bank founded nearly 40 years earlier, inflicted such grievous injury on […]
Contract lifecycle management vendor Icertis secures $150M in debt to stave off rivals
It’s Halloween. And, if you’re contract management software company Icertis, it’s payday. After raising $115 million in 2019, Icertis today secured $150 million — $75 million in convertible debt and […]
Daily Crunch: Amazon says it’s ‘disappointed’ after Staten Island fulfillment center workers unionize
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. A fine day to you, and welcome […]
Late-stage software startups might be in the most valuation trouble
Late-stage SaaS startups may be in the most trouble when it comes to changing valuation marks among technology companies, new data indicates. A report from Silicon Valley Bank (SVB) exploring […]
VCs are racing to pay more to get smaller pieces of less profitable companies
It’s data season, with groups like Silicon Valley Bank (SVB), CB Insights, PitchBook and Crunchbase News putting out data sets that we’re having fun exploring. This morning, we’re adding one […]