The doom that came to Silicon Valley: For startups, this banking crisis is much needed
Eugene Zhang is a founding partner at TSVC, a U.S. venture capital firm focusing on seed-stage investing.
Then fear spread, two other U.S. banks failed, and a separate but equally concerning meltdown happened at Credit Suisse. The fallout from this is a much-needed wake-up call for the entire ecosystem, and a painful downturn is necessary for a healthy new reality to be built for startup founders and investors.
Investors were chasing unicorns, and founders were living in a bubble. However, this unsustainable model is starting to unravel.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Silicon Valley Bank collapsed. What are the Canadian implications?Silicon Valley Bank's collapse marked the single largest American banking failure since the financial crisis of 2008. What are the Canadian implications? Listen to the StarThisMatters episode in full:
اقرأ أكثر »
Silicon Valley Bank's former parent company says U.S. regulator is cutting it off from cash | CBC NewsSVB Financial Group said on Tuesday the U.S. Federal Deposit Insurance Corporation had taken 'improper actions' to cut it off from cash held at its former subsidiary Silicon Valley Bank, which was seized by regulators to stem a national bank run.
اقرأ أكثر »
Missing man and his rowboat have been found: Comox Valley RCMPEmpty rowboat reported to be floating in the ocean near Royston, after man went out in rowboat in the middle of the night
اقرأ أكثر »
Gwyneth Paltrow to stand trial for Deer Valley ski crashGwyneth Paltrow is scheduled to stand trial on Tuesday in a lawsuit filed by a retired optometrist who said that the actress-turned-lifestyle influencer violently crashed into him in 2016 while skiing in Utah at one of the most upscale ski resorts in the United States.
اقرأ أكثر »
Truro Bearcats tie playoff series with Valley Wildcats with overtime win in Berwick, N.S. | SaltWireBERWICK, N.S. — Landon Miron was the overtime hero as the Truro Bearcats scored a 3-2 victory to tie their playoff series with the Valley Wildcats March 20 ...
اقرأ أكثر »
Gwyneth Paltrow’s court case begins for Deer Valley ski crash - Terrace StandardRetired optometrist suing, saying Paltrow recklessly skiied into him in 2016
اقرأ أكثر »