SVB

A fintech CEO is trying to raise more than $1 billion to fund bridge loans for startups impacted by the Silicon Valley Bank collapse

Tech Insider
Henrique Dubugras
Brex CEO Henrique Dubugras.

Kelly Sullivan/Getty Images

Etsy told sellers that payments will be delayed because it was using Silicon Valley Bank

Tech Insider
A silhoutte of a person holding a phone in front an orange screen with a white logo that says
Etsy said it will pay sellers within the next few business days.

Rafael Henrique/Getty Images

OpenAI CEO Sam Altman sent startup six-figure loan to make payroll after Silicon Valley Bank collapse, report says

Tech Insider : Technology
OpenAI's Sam Altman
OpenAI CEO Sam Altman reportedly gave money to the startup Rad AI to help it survive the collapse of Silicon Valley Bank.

JASON REDMOND/AFP via Getty Images

'I don't know how this ends': Mom with 4 kids in Ohio who owns small startup says SVB mess is not just a '1% problem'

Tech Insider
Twitter thread SVB
Strongsuits CEO and founder Lindsey Michaelides took to Twitter to share the impact SVB's collapse has had on her, her employees, and her family.

Twitter

First Republic says its liquidity remains 'very strong' in bid to calm nerves following Silicon Valley Bank's collapse

Tech Insider
first republic bank
A First Republic Bank branch.

Justin Sullivan/Getty Images

A Silicon Valley Bank staffer says he's feeling 'anxious, sad, and confused' after its collapse

Tech Insider
People walk in the rain with an umbrella outside Silicon Valley Bank
Silicon Valley Bank's implosion sent shockwaves through startups.

Justin Sullivan/Getty Images

Silicon Valley is on a knife-edge after the collapse of SVB

Tech Insider

Hi, I'm Matt Turner, the editor in chief of business at Insider. Welcome back to Insider Today's Sunday edition. With the failure of Silicon Valley Bank, we're witnessing the biggest bank collapse since the 2008 financial crisis. We're diving into that and much more today.

Sign up here to get this newsletter in your inbox each week.

Some Silicon Valley Bank customers are selling their deposits at big discounts to raise cash quickly, reports say

Tech Insider
A worker (C) tells people that the Silicon Valley Bank (SVB) headquarters is closed on March 10, 2023 in Santa Clara, California. Silicon Valley Bank was shut down on Friday morning by California regulators and was put in control of the US Federal Deposit Insurance Corporation.
Regulators shut down Silicon Valley Bank on Friday.

Justin Sullivan/Getty Images

Silicon Valley Bank catered to Napa Valley wineries and could finance 'French oak barrels' if needed. The bank's demise 'surprised everyone,' a vineyard owner says.

Tech Insider
Cellar worker sorts Cabernet Sauvignon grapes.
A cellar worker checks Cabernet Sauvignon grapes before it enters a sorting machine.

Eric Risberg/AP

How much will Silicon Valley Bank customers get back from the money they deposited? They may not recover it all, analysts say.

Tech Insider
Money under lock
Money under lock

Aslan Alphan/Getty Images

Subscribe to SVB