: Silicon Valley VCs vow to work with SVB if a new owner is found

by | Mar 14, 2023 | Stock Market

Hundreds of Silicon Valley venture-capital firms, including heavyweights such as Sequoia Capital and RRE Ventures, have pledged to work again with Silicon Valley Bank if a new owner is found. “In the event that SVB were to be purchased and appropriately capitalized, we would be strongly supportive and encourage our portfolio companies to resume their banking relationship with them,” the VCs said in an open letter. “Silicon…

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