Friday, March 10, 2023

https://ift.tt/Kmo5TJy Valley Bank failure could wipe out 'a whole generation of startups'

Shelf Engine co-founders Bede Jordan, left, and Stefan Kalb

The implosion of Silicon Valley Bank could force hundreds of tech startups to lay off workers or shut down completely. It remains unclear how much, if any, of depositors' money will be returned.

(Image credit: Shelf Engine )

Silicon Valley Bank failure could wipe out 'a whole generation of startups'Shelf Engine co-founders Bede Jordan, left, and Stefan Kalb

The implosion of Silicon Valley Bank could force hundreds of tech startups to lay off workers or shut down completely. It remains unclear how much, if any, of depositors' money will be returned.

(Image credit: Shelf Engine )



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