Natasha Mascarenhas
Silicon Valley Bank’s clients received a surprising email in their inboxes late Monday evening from the bank’s new CEO Tim Mayopoulos stating that the institution was not only open, it was also business as usual.
“Silicon Valley Bank, N.A. is open and conducting business as usual,” the email, obtained...
The Federal Reserve issued a joint pair of statements on Sunday with one clear message: Silicon Valley Bank’s depositors, both insured and uninsured, will receive help in a manner that will “fully protect” all. Depositors, the statement reads, “will have access to all of their money starting Monday,...
General Catalyst, Khosla Ventrues, Kleiner Perkins among firms looking to offer loans to portfolio companies
Natasha Mascarenhas
@nmasc_
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7 hours
Two of tech’s biggest entrepreneurs, OpenAI CEO Sam Altman and storied venture capitalist Vinod Khosla, are offering personal capital to startups on the brink of SVB collapse as their money...
Serial entrepreneur and venture capitalist Garry Tan is less than three months into his new job as the CEO of Y Combinator, one of the most famed accelerator programs in tech. And it seems like it’s been an eventful onboarding process thus far. Along with pretty much every...
Sometimes, leaving stealth isn’t your own choice: It’s a force function of two of your largest competitors evaporating from the business, and the third triggering clients so much that there’s a talk of a bank run. At least that’s the case for Series CEO Brexton Pham, who has...
Engineers at Polymath Robotics were working late Wednesday night on multiple projects when co-founder and CEO Stefan Seltz-Axmacher noticed chatter about Silicon Valley Bank in a YC founder WhatsApp group.
The conversation was related to an article published that day about SVB’s plan to launch a $2.25 billion share...
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here.
One of the quieter conversations in venture capital has only grown louder, in my DMs and interviews, over the...
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here.
First off, hello to all the new Startups Weekly subscribers who joined us after last week’s newsletter. I’m glad we...
If it wasn’t for WeWork’s failed IPO, Mike Romanowicz probably wouldn’t be building a proptech business right now. The entrepreneur left his position as director of product management and strategic partnerships at the famous co-working company in January.
At the time, Romanowicz detailed that construction specs on small homes...
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here.
After tech’s massive exodus of talent, we’re starting to see laid-off talent start companies that are ambitious and aspirational...