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Silicon Valley Bank Fails After Run by Venture Capital Customers
Posted inBanking and Financial Institutions Federal Deposit Insurance Corp Federal Reserve System Interest Rates Signature Bank Start-ups Stocks and Bonds Treasury Department

Silicon Valley Bank Fails After Run by Venture Capital Customers

The Federal Deposit Insurance Corporation took control of the bank’s assets on Friday.
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Posted by By Rob Copeland Emily Flitter and Maureen Farrell
The Messenger, a Media Start-Up, Aims to Build a Newsroom Fast
Posted inFinkelstein, Jimmy A Hill, The (Newspaper) News and News Media Newspapers Online Advertising Politics and Government Start-ups The Messenger

The Messenger, a Media Start-Up, Aims to Build a Newsroom Fast

The company, which will begin operating in May, plans to have around 550 journalists covering entertainment, politics and sports within a year.
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Posted by By Benjamin Mullin
WeWork in Talks With Investors to Help Restructure Debt
Posted inReal Estate (Commercial) SOFTBANK Corporation Special Purpose Acquisition Companies (SPAC) Start-ups WeWork Companies Inc

WeWork in Talks With Investors to Help Restructure Debt

The co-working giant is close to an agreement with SoftBank and others for new money and to restructure its debt.
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Posted by By Maureen Farrell Benjamin Mullin and Peter Eavis
The Furniture Hustlers of Silicon Valley
Posted inChairs Computers and the Internet Coronavirus (2019-nCoV) Dropbox Inc Furniture Herman Miller Inc Layoffs and Job Reductions Relocation of Business Shutdowns (Institutional) Sitecore Start-ups Tables

The Furniture Hustlers of Silicon Valley

As tech companies cut costs and move to remote work, their left-behind office furniture has become part of a booming trade.
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Posted by By Erin Griffith

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