MONEY
Major Bank for Venture-Backed Founders Seized After Customers Pulled Cash
Tech entrepreneurs were reportedly were being advised to pull at least two months' worth of 'burn' cash out of Silicon Valley Bank to cover their expenses.
By ASSOCIATED PRESS
People line up outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Getty ImagesMONEY By ASSOCIATED PRESS
Major Bank for Venture-Backed Founders Seized After Customers Pulled Cash
Tech entrepreneurs were reportedly were being advised to pull at least two months' worth of 'burn' cash out of Silicon Valley Bank to cover their expenses.
By ASSOCIATED PRESS
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