Brett Adcock Contributor Brett Adcock is the founder of Figure, an AI robotics company building a general-purpose humanoid robot. Previously, he founded Archer Aviation, an urban air mobility company that […]
SVB
Trending topics and news from the SVB category
Back to news homeBrex CEO is trying to raise over $1 billion in a weekend for SVB-related bridge loans
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 […]
Silicon Valley Bank implodes, Apple launches a new music service, and ChatGPT goes enterprise
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 […]
SVB contagion: UK arm shuts down, government scrambles and startups brace for the worst
As of late Thursday night and Friday morning, the fallout from the shutdown of Silicon Valley Bank in the US had reached the shores of the UK and Europe. Yesterday […]
Roku, Roblox and others disclose their exposure to SVB in SEC filings
The fallout from the collapse of Silicon Valley Bank is impacting a range of startups and larger firms including, as we know now from SEC filings, publicly traded companies like […]
What 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 […]