The collapse of Silicon Valley Bank has been a sickening punch to the gut for the tech industry. It has made a hostile funding environment even frostier. SVB was a trusted and valued partner of the innovation ecosystem which supported both VCs, start-ups, and founders directly. It offered traditional banking services as well as funding to companies deemed too risky for traditional lenders. Fundamentally, it understood the needs of tech founders and how to fund rapid scale in a way that traditional banks don’t. In Ireland, SVB was not a name that was bandied around amongst founders as a potential…

Want to continue reading?

Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.

Subscribe

Cancel at any time.

Are you already a member? .