SVB collapse threatens venture capital industry
Bloomberg · 2 years ago
Bloomberg
2 years ago
The $2 trillion venture capital industry could see portfolio markdowns of 25% to 30% a "haircut" of possibly $500 billion following the Silicon Valley Bank debacle, according to Bloomberg Intelligence. Full In Partners Managing Partner Elodie Dupuy speaks with Bloomberg Technology's Ed Ludlow.
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Banking Crisis
Three U.S banks including the Silicon Valley Bank have failed and Credit Suisse has been taken over amid the biggest crisis since 2008.