Startups Stuck as Mega US Bank Fails | With Aunindyo Chakravarty
America's biggest bank that catered mostly to startups has failed.
Newsclick Team

America's biggest bank that catered mostly to startups has failed. Nearly half of all venture capital-backed startups in the US banked with Silicon Valley Bank. While startups are in trouble as a bulk of their money is now stuck, the question that everyone is asking is - how did SVB go under so quickly and what were the regulators doing?

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