(source: en.wikipedia.org)
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...
The pool of potential buyers of Silicon Valley Bank may be narrower than previously thought. The Federal Deposit Insurance Corporation (FDIC), which took over the...
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...
Apollo Global Management is reportedly asking for backing for its bid to buy Silicon Valley Bank. The private equity firm has talked with Andreessen Horowitz,...
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...
A lot of money is moving this week, but not in a good way. In the five days since last Wednesday (March 8), three US...
The world woke up on Monday (March 13) to news that British multinational banking giant HSBC is purchasing Silicon Valley Bank (SVB) UK, the U.K....
Startups and venture capital (VC) firms are changing how they bank after recent industry turmoil. Although tech industry players were relieved by Sunday’s announcement by...