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Daily Crunch: Silicon Valley Bank goes bust — regulators take control of $175B+ in deposits

Daily Crunch: Silicon Valley Bank goes bust — regulators take control of $175B+ in deposits

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hi, Crunchers, Today, there’s only one story on everyone’s lips: The sudden and dramatic collapse of Silicon Valley Bank (SVB), the 40-year-old Silicon Valley institution. With $209 billion of assets under management…

Investor Mark Suster says a “handful” of bad actors in VC destroyed Silicon Valley Bank

Investor Mark Suster says a “handful” of bad actors in VC destroyed Silicon Valley Bank

Yesterday at around noon in Los Angeles, investor Mark Suster of the venture firm Upfront Ventures began urging “calm” on Twitter. Silicon Valley Bank had bungled its messaging on Wednesday around an effort to strengthen its balance sheet, and startup founders were beginning to fear that their deposits at the tech-friendly, 40-year-old institution were at…

Holographic HUD Company Envisics Scores Multi-Million New Investments

Holographic HUD Company Envisics Scores Multi-Million New Investments

Share to FacebookShare to TwitterShare to Linkedin Holographics head-up display developed by UK-based Envisics. Envisics The latest rage in vehicle head up displays features stunning alternative reality holographic images and a British company specializing in that technology has attracted a multi-million windfall from a group that includes a tier one supplier and investment arms of…