SVB Pain Point in VC, PE Firms

SVB Pain Point in VC, PE Firms

Assessment

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Business

University

Hard

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The collapse of Silicon Valley Bank (SVB) caused panic in the startup scene, as it was a crucial funding source. The US government intervened to guarantee deposits, providing relief to startups and VC firms. However, the collapse has global implications, and startups must now seek new banking relationships. Despite relief, uncertainty remains about future challenges.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures were taken by the US government in response to the bank's collapse?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the general sentiment among startup founders after the government guaranteed deposits?

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