Top news of the week: 12.03.2023.
Seattle VC firms tell startups to assess positions with Silicon Valley Bank amid funding concerns
Venture capital firms in Seattle are advising portfolio companies to reconsider their positions with Silicon Valley Bank amid potential funding troubles at the tech-focused bank. Shares of ...
Silicon Valley Bank CEO Tells VC Clients to ‘Stay Calm’
Silicon Valley Bank CEO Greg Becker on Thursday told top venture capitalists in Silicon Valley to “stay calm” amid concerns around a capital crunch that wiped nearly $10 billion off the ...
Tech startup leaders concerned about making payroll following Silicon Valley Bank closure
Simply meeting payroll was likely not atop the to-do list for most founders earlier this week. But now many startups are scrambling to figure out if they’ll be able to… Read More
Why this unicorn chose to take a credit facility
Its equity, growth and existing relationships with financial institutions, gave Socure firm footing to kick off credit facility discussions.
Half of Sequoia Capital's VC funds since 2018 have posted losses for the University of California's endowment
Insider accessed Sequoia returns through a public-records request, providing a rare look at information that is normally a closely guarded secret.
Daily Crunch: Twitter CEO expresses regret after using his platform to call disabled employee ‘the worst’
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Nine notes: Latest VC data crystallizes Vancouver tech’s threats and opportunities
Victoria is hot. The Prairies are united (in their growth). And crises can predict which sub-sector capital will flow into next.
Berlin VC fund La Famiglia raises €250M for both Seed and Growth B2B startups
La Famiglia, a Berlin-based VC fund (no, not the Mafia organization, in case there is any confusion) has raised €250 million for its combined third seed fund (which is €165 million) and its ...