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Silicon Valley Bank collapse concerns founders of color

Summary by Ground News
Silicon Valley Bank, the nation's 16th largest bank, collapsed last week. Some of the bank's biggest customers pulled out their money. A WhatsApp group of startup founders who are immigrants of color ballooned to more than 1,000 members. Industry experts predict it could become even harder for people of color to secure funding or a financial home.

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Bias Distribution

  • 46% of the sources are Center
46% Center
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Winnipeg Free Press broke the news in Winnipeg, Canada on Sunday, March 19, 2023.
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