This week, some of my colleagues took a deep dive into the effects on consumers, businesses, banks, investors, etc.— all over the world — showing just how connected the startup ecosystem really is.
An interesting comment came from Peter Barrett at Playground Global, who said, “If SVB rises from the ashes — and we act to mitigate the weaponization of concentrated digital media — money may not become impossibly expensive for capital intensive technologies like robotics.
It’s official: by Monday, Mercury customers will have access to up to $5M in FDIC Insurance – 20x the per bank limit.
Author / Journalist: Christine Hall
Category: Technology Business Startups
Topics: SVB 2023 crash Fintech Silicon valley bank SVB The Interchange
Source Website Secure: Yes (HTTPS)
Fact Checked: Legitimate
Article Type: News Report
News Source URL: techcrunch.com
Readership Location: United States
Published Date: 2023-03-19, 14:16:44
News Timezone: GMT -5:00
Original Article Length: 1380 words
Reading Duration: 8 minutes read
Compatibility: Desktop Web, Mobile Web, iOS App, Android App
News ID: 1070239