More than many other banks, SVB catered to how risky tech start-ups and their backers do not adhere to normal business practices.
Category: Sequoia Capital
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Silicon Valley Bank’s Deep Ties to the Tech Industry
The New York Times – Business: -
Troubles at Silicon Valley Bank Rock the Global Stock Market.
The New York Times – Business:Shares in the bank, a go-to funder of tech start-ups, have fallen more than 60 percent in the past day as investors fear for its finances, and those of similarly sized lenders.
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FTX’s In-House Performance Coach Is Just as Surprised as You Are
The New York Times – Business:George K. Lerner, a psychiatrist who has worked at the collapsed crypto exchange FTX since last year, said he had no knowledge of wrongdoing at the firm.
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Investors Who Put $2 Billion Into FTX Face Scrutiny, Too
The New York Times – Business:Venture capital firms and investment funds showered the failed crypto exchange and its founder with money. There were few strings attached.