Tuesday, March 14, 2023

SVB crisis: regret and blame in Silicon Valley after bank run

SVB, which was founded in the 1980s, claimed that "nearly half" of US technology and life science startups banked with them for a wide range of services, but mainly to park cash handed to them by their venture capitalist backers to operate.

from Tech-Economic Times https://ift.tt/ivEHgWy

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Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

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