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Hey, stuck startups, reducing growth could make you less fundable
Equity
The Impact of the Silicon Valley Bank Explosion on the Startup Community
In the first half of 2023, what volume of transactions did you process compared to last year? Last year, in all of 2022, we did about 50 billion in transactions. And in 2023, so far, we've done about 42 billion. So, we're on pace to almost double. Q1 VC funding was 45 billion. In some ways, that's like the, obviously, startups also make revenue, but that's like a big kind of bunch of the money that goes in the startup ecosystem. Do you mostly make money off of interchange or what's your biggest revenue driver? To this, four main drivers for us. Number one is for the deposits that sit with our
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