TechCrunch

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SVB's debacle is causing panic in China's startup industry https://t.co/eqfyyf1bHY by @ritacyliao — PolitiTweet.org

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How founders are reacting to Silicon Valley Bank’s collapse https://t.co/mLa1Akrado by @nmasc_, @bayareawriter, @dominicmadori, @kirstenkorosec and @kyle_l_wiggers — PolitiTweet.org

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Silicon Valley Bank (or #SVB) — the bank for many Silicon Valley #startups — has crashed. Here's everything you need to know in less than 2 minutes 👇 https://t.co/kOhyJgxGjs — PolitiTweet.org

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Uncertainty stands around multi-billion USDC empire as issuer Circle held reserves at Silicon Valley Bank https://t.co/EDQWE4aKuN by @jacqmelinek and @alex — PolitiTweet.org

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SVB is already the talk of SXSW https://t.co/2AElVbd8DQ by @etherington — PolitiTweet.org

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TechCrunch is at @sxsw and ready for a great week! 🙌 What are you most excited to see at #SXSW 2023? https://t.co/4H53D6yrEZ — PolitiTweet.org

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On today's episode of @EquityPod - Flat is the new up, down is the new flat, dead is the new down 🎧 Listen to the full episode here 👉 https://t.co/5EA1Rz2mak https://t.co/9QsLv0gI0f — PolitiTweet.org

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With SVB locked up, how are startups going to pay for stuff? https://t.co/9TR4FJQi4O by @alex — PolitiTweet.org

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Learn how to launch your business ideas and sustain your business from leading experts at #TCEarlyStage on April 20 in Boston! Register now! 👇 https://t.co/bFzqpiQrU3 — PolitiTweet.org

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US strengthens tech ties with India but doesn't seek decoupling from China, Raimondo says https://t.co/BZuBEhESEG by @refsrc — PolitiTweet.org

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TC+ roundup: Silicon Valley Bank fails, fintech VC survey, B2B growth tools https://t.co/TBvTckO0qM by @yourprotagonist — PolitiTweet.org

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Stay up-to-date with all #SVB crash news by following us on Twitter and by clicking the link below 👇 https://t.co/2rvHxnoz0f — PolitiTweet.org

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Within a few hours, Silicon Valley Bank was closed by regulators, which are now in charge of the bank’s deposits, according to a release sent out by the Federal Deposit Insurance Corporation https://t.co/CuPpnvAuLc — PolitiTweet.org

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Early Friday morning, Silicon Valley Bank trading was halted and staff were asked to work from home as SVB searched for a buyer https://t.co/dylUQmnzBS — PolitiTweet.org

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Shares of Silicon Valley Bank Financial then fell 60% on Thursday https://t.co/Zj2DQhWzJT — PolitiTweet.org

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At the same time, some of SVB's customers were struggling to transfer funds out of their bank accounts https://t.co/7guswCXwb8 — PolitiTweet.org

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SBF then decided to raise a bunch of money to safeguard its business. The plan was to sell $1.25B of common stock to investors, $500M in convertible preferred shares, and $500M of its common stock to the private equity firm General Atlantic https://t.co/WCLnxh7PWu — PolitiTweet.org

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SVB lost $1.8 billion in the sale of U.S. treasuries and mortgage-backed securities that it had invested in, owing to rising interest rates. Venture firms advised portfolio companies to move money out of SVB https://t.co/zGmzpNl7jT — PolitiTweet.org

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Silicon Valley Bank (#SVB) — the bank for many Silicon Valley startups and other power players in the sector — has crashed. Below is the timeline in TechCrunch articles (1/8🧵) — PolitiTweet.org

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For startup competition, SVB’s nightmare is a win and a dare https://t.co/6qW65zvM0s by @nmasc_ and @bayareawriter — PolitiTweet.org

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Some #SVB customers are still experiencing 503 errors and are unable to log onto the Silicon Valley Bank site today https://t.co/KepuxuZJko — PolitiTweet.org

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RT @nmasc_: Silicon Valley Bank has been closed today by regulators, which are now in charge of the bank's deposits. https://t.co/gOFNdso… — PolitiTweet.org

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Rethink rethinks mobility and logistics with new €50M fund https://t.co/tIvW1TLD3X by @Haje — PolitiTweet.org

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🚨 New: Silicon Valley Bank (or #SVB) has been closed by regulators, which are now in charge of the bank’s deposits, according to a release sent out by the Federal Deposit Insurance Corporation. Read the full story here 👇 https://t.co/VK9fou4BJf — PolitiTweet.org

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Silicon Valley Bank is being shut down today by regulators https://t.co/s7J3j4eU3B by @nmasc_ — PolitiTweet.org

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Secure messaging apps line up to warn UK's Online Safety Bill risks web security https://t.co/VCOIUfbD91 by @riptari — PolitiTweet.org

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US strengthens tech ties with India but doesn't seek decoupling from China, Raimondo says https://t.co/Tg1rLT6VzD by @refsrc — PolitiTweet.org

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Prelaunch assembles a pre-seed round to help hardware founders pre-build the right pre-products https://t.co/1gNdCDehUA by @Haje — PolitiTweet.org

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Roku partners with Best Buy and its advertising business to get first-party shopper data https://t.co/xKdw107yID by @laurenforristal — PolitiTweet.org

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The long goodbye at Salesforce continues with more layoffs reported today https://t.co/z8lo6V314C by @ron_miller — PolitiTweet.org