The Silicon Valley Bank bailout has tech elites feeling attacked. Author Malcolm Harris reminds us of a time when the weapons they feared were bombs, not mean tweets.
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Rain Capital’s Chenxi Wang offers three pointers for how cybersecurity start-ups can more effectively manage their companies in the wake of SVB’s sudden collapse.
Silicon Valley Bank s collapse was swift. In just a few days the 16th largest bank in the US with more than $175bn in deposits suffered one of the worst collapses in history.
Silicon Valley Bank, a commercial bank that prefers to cater to Big Tech companies and Silicon Valley startups, is on the verge of collapse. Its stocks have plunged amid a cash burn, and investors are now advising tech firms to pull all of their money out before it’s too late. (UPDATE: The bank has now […]