Venture Diva
703 posts

Venture Diva
@venturediva
I tweet on #innovation, #entrepreneurship & #life. Tweets and spells all mine.








“If we stop believing our money is safe in mid-sized & small banks, that is terrible for the American banking system and consumers." @hdubugras, founder of fintech @brexhq discusses why better not just MORE regulation is required. PLUS takeaways from the #SVBCollapse



New SVB bridge bank CEO doing a zoom session to reassure customers. Good job so far- hope we can keep as much of it intact as possible. He wants to assure people that SVB is not in wind down mode- it’s open for business.

1/ Today, we are excited to announce the launch of SVB DAO. In response to the recent collapse of Silicon Valley Bank (SVB), we are rallying to enable ownership participation in this pillar institution by the community it has served for four decades. #SVBDAO #SVB #startup #VC

Several VC leaders met today to discuss the aftermath of SVB’s downfall. This is a joint statement from all of us. @Accel @altcap @BCapitalGroup @generalcatalyst @eladgil @GreylockVC @khoslaventures @kleinerperkins @lightspeedvp @MayfieldFund @Redpoint @RibbitCapital @upfrontvc


I’m hearing that many VCs are advising founders to keep no more than $250,000 of funds in SVB. Here’s what USV told founders in an email: Keep “only keep minimal funds in cash accounts at SVB,” that is, funds of up to $250,000. “SVB is in a severe cash crisis”








