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A Year Later, Lessons From Silicon Valley Bank's Epic Collapse

(Bloomberg) March 10, 2023, should’ve been a day to celebrate for Eric Vogel. He was about to sign a funding deal for his recycling startup, Circularr, after five months of due diligence. The investor just wanted to talk to one last reference, a formality before the deal closed.Most Read from BloombergThese Are the Best Countries for Wealthy ExpatsOne of the Most Infamous Trades on Wall Street Is Roaring BackSlow US Inflation Retreat Is Set to Bolster Fed Patience on Rate CutsBond Investors A ....

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silicon valley bank collapse: A year later, what are the lessons from Silicon Valley Bank's epic collapse?

The collapse of SVB was swift and stunning, triggering days of sheer terror in Silicon Valley. Y Combinators Garry Tan warned that the failure could be an “extinction-level event” for tech startups. ....

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SVB Adds Bankers as Anniversary of Its Failure Nears

While other lenders are cutting staff, Silicon Valley Bank (SVB) is reportedly hiring. The financial institution, whose failure in March of 2023 set off a… ....

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