March 26, 2023

Politics & News

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What SVB’s Failure Really Means

1 min read

As its name suggests, Silicon Valley Bank was built to serve the needs of the technology and life-sciences industries born in Northern California. And 20 years ago, that’s largely what it did, providing loans, revolving lines of credit and services such as cash management to startups in communications, software, biotechnology and medical devices.

Erik Schatzker
2023-03-19 01:05:59

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