• Mar 13, 2023
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  SVB banked 50% of the startups in the US and lots in the world.
  

  
  

  So not having them any more as a capital provider. (JPM is not doing early stage VC.) So many companies relied on SVB not just to do their servicing, but to provide them non-dilutive financing when they needed it in the early days. What happens with this gap (other banks aren't doing this early stage debt).
  

  
  

  SBV was the beacon from a financial perspective of providing them the financing they needed.
  

   

  You still need somebody who can fund this market.
  
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  <div>SVB banked 50% of the startups in the US and lots in the world. <br></div><div><br></div><div>So not having them any more as a capital provider. (JPM is not doing early stage VC.) So many companies relied on SVB not just to do their servicing, but to provide them non-dilutive financing when they needed it in the early days. What happens with this gap (other banks aren't doing this early stage debt). <br></div><div><br></div><div>SBV was the beacon from a financial perspective of providing them the financing they needed. <br></div><div> </div><div>You still need somebody who can fund this market. <br></div>

  SVB banked 50% of the startups in the US and lots in the world.
  

  
  

  So not having them any more as a capital provider. (JPM is not doing early stage VC.) So many companies relied on SVB not just to do their servicing, but to provide them non-dilutive financing when they needed it in the early days. What happens with this gap (other banks aren't doing this early stage debt).
  

  
  

  SBV was the beacon from a financial perspective of providing them the financing they needed.
  

   

  You still need somebody who can fund this market.
  

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