
More Job Cuts at Meta and Big Equity Firms Circle SVB Assets
Bloomberg Tech
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Is SVB a Good Partner in Silicon Valley?
I don't think any of this was about a judgment of SVB. We have close relationships with many people at the bank. And they just had to do the right thing to make sure that they can make payroll. I think we're certainly open to continuing a relationship with whoever ends up being the right player and partner in Silicon Valley moving forward. It seems like there's been a sort of a bifurcation that's happened as a result of the response of the federal government.
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