early this week, venture capitalists and start-ups raised money from the financial institution Silicon Valley Bank. Silicon Valley Bank closed for the week as it was solvent and closed by regulators. Its failure will affect the accounts of startups and venture investors who banked it, but the demise of SVB will also affect another service startups frequently bank for: venture debt. give.
SVB has long been considered a leader in venture debt. For many, the name of the bank is synonymous with venture lending itself. So how will that collapse affect the increasingly hot venture debt market? It depends who you ask.
