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SVB's Collapse Ripples Through Silicon Valley

Bloomberg Tech

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Founders Need to Make Their Own Decisions

I mean, it's been incredible chaos. So my phone has been blowing up. We have 250 portfolio companies. And I'd say about 30% are involved with SBB. The first thing we said to them yesterday is we need to stay calm and get collectively on the same page of what's happening. In terms of advice, we tend to take an approach of, let's share information. And founders need to make their own decisions.

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