The Ratings Game: SVB fallout likely to affect some software sales in the short term, and how startups are financed long term

by | Mar 13, 2023 | Stock Market

The failure of Silicon Valley Bank on Friday following the collapse of parent company SVB Financial will have both short- and long-term effects in the startup and broader tech community, Wall Street analysts outlined Monday. On Monday, Wedbush analyst Dan Ives said the impacts from the SVB SIVB “ripple” will be “felt in Silicon Valley for years to come.” Ives said SVB had been an “integral part of the VC and tech startup community for decades,” as they would extend financing to startups when large banks wouldn’t. Read:…

Article Attribution | Read More at Article Source

Share This