EquityZen Co-Founder Phil Haslett on SVB in Crowdfund Insider

EquityZen Comments on Private Markets Following Demise of Silicon Valley Bank

The demise of Silicon Valley Bank (SVB) left a big hole in the early-stage/private firm ecosystem. SVB was a favorite bank of VCs and hence the companies they invested in.  The failure of SVBs has exacerbated the already challenging funding environment for private firms that need growth capital as they scale and adapt.

Read the rest here: https://www.crowdfundinsider.com/2023/04/205072-equityzen-comments-on-private-markets-following-demise-of-silicon-valley-bank/