Published 1 year ago

Some VC firms are encouraging their portfolio companies to pull funds out of Silicon Valley Bank while others are advising startups to keep no more than $250K

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Techmeme

Some VC firms are encouraging their portfolio companies to pull funds out of Silicon Valley Bank while others are advising startups to keep no more than $250K

The essential tech news of the moment. Technology's news site of record. Not for dummies.

1 year ago

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The Block

Crypto VCs urge portfolio companies to pull funds from Silicon Valley Bank

Five crypto-focused venture firms said they have advised portfolio companies to withdraw funds from Silicon Valley Bank, the ailing lender.

1 year ago

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Telegraph

Crypto VCs urge portfolio companies to pull funds from Silicon Valley Bank

Crypto-focused venture capital investors have advised their portfolio companies to withdraw funds from Silicon Valley Bank, which is struggling to reassure clients after moves to shore up its balance sheet spooked investors. The warnings come even as startups in the sector scramble for viable banking options. Spokespeople for Mechanism Capital and Eden Block confirmed they have advised portfolio companies to withdraw funds held at SVB. Pantera C…

1 year ago

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