Venture capital (VC) firms should prepare for a whole new level of scrutiny in the wake of the Silicon Valley Bank (SVB) implosion, market watchers...
Hindsight is always 20/20 — and, in the rearview mirror, the Silicon Valley Bank collapse was obvious to see. Big bank. Dominant player/big fish in...
The investigations into recent bank failures are just beginning. President Joe Biden released a statement Friday (March 17) calling on Congress to impose tougher penalties on senior...
This tumultuous week began and ended the same: with Silicon Valley Bank still for sale. Only now, the lender’s former parent company, SVB Financial Group, has officially filed...
Valuation of investments and companies remains an exercise in paper gains and paper losses. Nothing’s final until the investor, the VC fund or the mutual...
If the past week has taught us anything, it’s not to put all your eggs in one banking basket. That’s especially true for FinTechs and...
“Last weekend felt like the wild, wild West,” Charlie Youakim, CEO of payments startup and B Corp Sezzle, told PYMNTS CEO Karen Webster in a recent...
Flat6Labs has launched a new $95 million seed fund focused on early-stage tech startups in Africa. The Africa Seed Fund (ASF) will be headquartered in Egypt...
The closure of Silicon Valley Bank has impacted startups and venture capital firms. Hundreds of such firms did their banking and kept billions of dollars...