• Emerging managers hope the new SVB offers the same support to new VCs

    1 day ago - By TechCrunch

    Before it crashed, Silicon Valley Bank was known to many startups and venture firms as the place to park their money or take out a capital line. But for emerging managers, it was a lot more than just a financial institution.
    Multiple emerging managers told TechCrunch+ that SVB was instrumental in helping them build their firms from the ground up. It also provided support to help them build networks and feel included in the venture ecosystem despite their size. After the bank's collapse and the ensuing chaos, many were left wondering if the things they loved most about SVB would...
    Read more ...

     

  • Silicon Valley Bank's crash is providing valuable lessons all over the world

    Silicon Valley Bank's crash is providing valuable lessons all over the world

    1 day ago - By TechCrunch

    Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Mary Ann is on a much deserved break this week, so I am filling in for her, bringing you the hottest fintech news of the previous week. Now let's dive into the fintech news because you are probably wondering what's up with your favorite bank, and I promise to get to that first. Let's go! - Christine
    We've learned a lot more about the Silicon Valley Bank collapse since...
    Read more ...