Extinction
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Silicon Valley Bank received support from more than 100 VC and investors including Sequoia Capital
On March 12, more than 100 venture capital and investment companies signed a statement in support of the Silicon Valley Bank, which is part of an increasing number of industry appeals aimed at reducing the impact of the collapse of SVB and avoiding the possible extinction of technology companies. Interpretation of this information: The statement signed by venture capital and investment companies on March 12 is a clear indication of the growing concern and urgency surrounding the recent collapse of Silicon Valley Bank (SVB). It’s apparent that the event has…
