Silicon Valley’s surreal weekend

As Silicon Valley Bank collapsed before our eyes on Thursday, a founder told me that the world felt like it did when COVID-19 first bared its teeth. I scoffed... Read more »

Deel makes over $120M of its own cash available to support customers affected by SVB crisis

Global payroll provider Deel plans to provide $120 million of its own cash off its balance sheet to support startups’ payroll operations in the wake of Silicon Valley Bank... Read more »

Silicon Valley Bank’s depositors will be fully protected, according to the Federal Reserve

The Federal Reserve issued a joint pair of statments on Sunday with one clear message: Silicon Valley Bank’s depositors, both insured and insured, will receive help in a manner... Read more »

Sam Altman, Vinod Khosla say they’ll personally loan cash to startups in the wake of SVB collapse

Two of tech’s biggest entrepreneurs, OpenAI CEO Sam Altman and storied venture capitalist Vinod Khosla, are offering personal capital to startups on the brink of SVB collapse as their... Read more »

As the SVB auction continues, the sale of its UK arm bounces between potential suitors

In the US today, The Federal Deposit Insurance Corp. continued the auction process for the beleaguered Silicon Valley Bank, with final bids due by Sunday afternoon, according to Bloomberg.... Read more »

FDIC auction for SVB assets said to be underway

An auction for the remaining assets of the failed Silicon Valley Bank is reportedly underway, with final bids due this afternoon and a result potentially arriving late Sunday, according... Read more »

Online education platform Kajabi helps creators earn money for sharing their expertise

Kajabi, the video education and web hosting platform for content creators to sell, manage and market online courses, announced today that its 60,000 creators earned a combined $5 billion... Read more »

Is generative AI really ready for the enterprise?

OpenAI released ChatGPT just a few short months ago, and it’s fair to say that it took the world by storm: It has over 100 million active users already.... Read more »

Web of lies: Web3 isn’t the security fix-all you think it is

Advocates of web3 will tell you that the decentralized web brings greater resilience and security compared to Web 2.0 thanks to its underlying blockchain-based technology. Web 2.0, which first... Read more »

We’re only beginning to see the impact of Silicon Valley Bank’s implosion

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our... Read more »
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