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‘We almost died’: Zepto CEO Aadit Palicha reflects on Silicon Valley Bank crisisZepto had operational funds stuck in SVB at the height of the crisis, along with many other Y Combinator-backed startups. According to a Wh...
SVB, Meta, Y Combinator and rumble in the tech jungleWelcome to the second edition of Full Stack, a place where you’ll find unfiltered commentary on all things technology.
Silicon Valley Bank collapse and how it impacted Indian startups: all the top storiesThe SVB fall had a direct impact on Indian cross-border SaaS firms and YC portfolio startups due to their exposure to the bank.
Mortgages, wine and renovations: Silicon Valley Bank's deep tech tiesAnd when SVB held an annual event in January on the state of the wine industry, it featured speakers from Wine.com, one of the world's larg...
Y Combinator shuts late-stage investment fund, lays off employeesThe startup accelerator’s president Garry Tan informed that the shutting down of Y Combinator’s Continuity Fund would lead to laying off of...
Indian startups look for ways to move their funds out of SVBBanks step up in opening Gift accounts; companies considering alternative US banks too.
Silicon Valley Bank collapse: Learning for Indian startups is to trust Indian banking system more, says Rajeev ChandrasekharChandrasekhar’s comments came after a joint statement from the treasury department, Federal Reserve, and FDIC, saying that depositors with ...
With US govt action, looming risks to Indian startups have passed: Rajeev Chandrasekhar on SVB crisisThe failure of Silicon Valley Bank last week left many startups, tech companies, entrepreneurs and VC funds nervous and jittery, and the US...
Silicon Valley Bank collapse: More than 400 VC funds issue statement supporting SVBThe venture capital firms that co-signed the statement include Accel, Y Combinator, Sequoia Capital, General Catalyst and Matrix Partners, ...
IT MoS to meet officials from SVB-hit startups this weekThe SVB crisis has sent shockwaves across the global tech ecosystem and investor community as the bank — one of the key financial instituti...
SVB crisis puts more than one lakh jobs in red: Y Combinator petitions US TreasuryThe petition, written by Y Combinator president Garry Tan, has been signed by over 3,500 CEOs and founders. The signatories also include al...
SVB collapse: tech executives race to save startups from 'extinction'Friday's dramatic failure of the bank, which focuses on tech startups, was the biggest since the 2008 financial crisis. It roiled global ma...
Nearly 60 YC-backed Indian startups have deposits stuck in Silicon Valley BankThese particularly include startups backed by the famed Silicon Valley accelerator Y Combinator (YC). At least 40 YC-backed Indian startups...
Silicon Valley Bank collapse: top developments so farSilicon Valley Bank (SVB) — a prominent tech-focused bank managing funds of close to about 40% of US startups — was shut down by a Californ...
Worry for tech startups after Silicon Valley Bank failureThe company previously boasted that "nearly half" of technology and life science companies that had US funding banked with them, leading ma...
Elon Musk says he is open to buying collapsed Silicon Valley BankUS regulators on Friday shut down SVB and took control of its customer deposits in the largest failure of an American bank since 2008.
Silicon Valley Bank collapse: extinction level event for startups, says YC president Garry Tan30% YC companies exposed to the troubled bank and won't be able to make payroll in next 30 days, said Garry Tan
SVB failure: Things to know about Silicon Valley Bank crisisSVB has business with nearly half of all the US venturebacked startups, and 44% of the US venture-backed technology, healthcare firms that ...
US government shuts Silicon Valley Bank; Indian SaaS firms mull options to transfer depositsAs the Silicon Valley Bank (SVB) shut operations, venture capital funds checked in with homegrown startups, especially those headquartered ...
ETtech Explainer: how rising US interest rates caused a pincer movement on Silicon Valley BankWhat happened at SVB has its genesis in the rising interest rates, and while the bank would have been able to bear a single shock, it was s...