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Crypto Wants Its Shine Back
Posted inBankman-Fried, Sam Binance Blockchain (Technology) Computers and the Internet Entrepreneurship HK FTX Trading Ltd (Futures Exchange) Kwon, Do Start-ups Virtual Currency

Crypto Wants Its Shine Back

After a miserable year, cryptocurrency companies are looking for ways to rebrand products that many consumers no longer trust.
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Posted by By David Yaffe-Bellany and Erin Griffith
48 Hours Till Payroll, $200,000 to Go: Diary of a Bank Failure
Posted inBanking and Financial Institutions Credit and Debt Federal Deposit Insurance Corp Mauskopf, Sara Shutdowns (Institutional) Silicon Valley Bank Start-ups Venture Capital Wages and Salaries Winnie (Org)

48 Hours Till Payroll, $200,000 to Go: Diary of a Bank Failure

The collapse of Silicon Valley Bank set major financial disruptions in motion. It also made one founder’s week a scramble.
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Posted by By Emma Goldberg
Silicon Valley Bank’s Deep Ties to the Tech Industry
Posted inBanking and Financial Institutions Computers and the Internet Entrepreneurship Kleiner Perkins Caufield & Byers Mortgages Sequoia Capital Silicon Valley Bank Start-ups Venture Capital Wines

Silicon Valley Bank’s Deep Ties to the Tech Industry

More than many other banks, SVB catered to how risky tech start-ups and their backers do not adhere to normal business practices.
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Posted by By Erin Griffith Mike Isaac and Sheera Frenkel
Stripe Raises New Funding That Values It at $50 Billion
Posted inBanking and Financial Institutions Collison, John Collison, Patrick Computers and the Internet Employee Fringe Benefits Initial Public Offerings Start-ups Stripe Inc Venture Capital

Stripe Raises New Funding That Values It at $50 Billion

The payments processing start-up was valued at $95 billion in 2021, but private company dealmaking has been hurt by souring global economic conditions.
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Posted by By Kalley Huang

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