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Startups in the Silicon Valley and San Francisco

Silicon Valley Startup News publishes only the most insightful articles selected by the most trusted experts in the Silicon Valley startup scene.

Top news of the week: 18.03.2023.

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@davemcclure shared
On Mar 13, 2023
RT @Techmeme: Sources: Y Combinator will not raise another Continuity Fund, which backs late-stage startups, and the two partners who led the fund plan to leave Y Combinator (The Information) https://t.co/xwrW7VqTmm https://t.co/GBRzinok5l
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@Techmeme shared
On Mar 17, 2023
HR software startup Rippling raised a $500M Series E at an $11.25B valuation, like its Series D, when SVB froze its deposits, taking its total funding to $1.2B (@cookie / TechCrunch) https://t.co/Dt4UbStDwh https://t.co/SBP4iitXuU
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A $500 million term sheet in 12 hours: How Rippling struck a deal as SVB was melting down

A $500 million term sheet in 12 hours: How Rippling struck a deal as SVB was melting down

One week later, CEO Parker Conrad suggests he’s still processing it all, saying there wasn’t really time to panic; there was too much to do. 

@eringriffith shared
On Mar 15, 2023
Stripe raises $6.5 billion, valued at $50 billion, down from $95 billion in 2021. https://t.co/5AY55Y9NRm
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Stripe announces new round of funding and plan to provide employee liquidity

Stripe announces new round of funding and plan to provide employee liquidity

Stripe, which builds economic infrastructure for the internet, has signed agreements for a Series I fundraise.

@nitashatiku shared
On Mar 15, 2023
RT @washingtonpost: The money and power flooding into AI are warping and intensifying the typical Silicon Valley gold rush, now set to explode with the launch of GPT-4 https://t.co/uW3T7nWRTw
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AI is reviving San Francisco’s tech scene. Welcome to ‘Cerebral Valley.’

AI is reviving San Francisco’s tech scene. Welcome to ‘Cerebral Valley.’

The money and power flooding into AI are warping and intensifying the typical Silicon Valley gold rush, now set to explode with the launch of GPT-4.

@ashleymayer shared
On Mar 12, 2023
The rhetoric around who is most impacted by SVB's shutdown has been pretty misleading. Heartened to see Janet Yellen's language in this transcript. https://t.co/857q7SPkpe https://t.co/7Vn0eZNjAO
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Transcript: Treasury Secretary Janet Yellen on "Face the Nation," March 12, 2023

Transcript: Treasury Secretary Janet Yellen on "Face the Nation," March 12, 2023

The following is a transcript of an interview with Treasury Secretary Janet Yellen that aired on "Face the Nation" on Sunday, March 12, 2023.

@chrissyfarr shared
On Mar 15, 2023
RT @hunterwalk: because our industry values the ideal of building something that didn't exist before, against all odds, we see ourselves as perpetual underdogs, no matter how much power & wealth we have the solution isn't just about messaging it's about behaviors https://t.co/0UgaFZn0CT
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A Humbling Moment for Tech

A Humbling Moment for Tech

Friday’s shocking collapse of Silicon Valley bank reverberated across the tech sector throughout this past weekend as nervous founders, investors and bankers awaited the U.S. government’s ...

@ryanlawler shared
On Mar 16, 2023
RT @danprimack: The global banking system is on edge https://t.co/pYihcvKiYB
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The global banking system is on edge

The global banking system is on edge

So goes Silicon Valley, so goes the world.

@davemcclure shared
On Mar 14, 2023
RT @Techmeme: OpenAI debuts GPT-4, claiming the model "surpasses ChatGPT in its advanced reasoning capabilities", available in ChatGPT Plus and its API, which has a waitlist (OpenAI) https://t.co/ybLZilk4dJ https://t.co/60W9wL9vkk
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