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…
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