The Final Breaths of Silicon Valley Bank
Silicon Valley Bank wasn’t just a bank – it was a central artery in the venture capital circulatory system.
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Silicon Valley Bank wasn’t just a bank – it was a central artery in the venture capital circulatory system.
SVB served a range of roles across the industry; it not only took startups' cash but also offered them venture debt and other loans while providing banking and lending money to venture capital firms. Roku, for example, said that SVB held 26% of its cash and cash equivalents — around $487 million — as of Friday
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