Venture Diva

I tweet on #innovation, #entrepreneurship & #life. Tweets and spells all mine.

[Venture Diva @venturediva]

@heynavtoor AI

[Venture Diva @venturediva]

One week to go! Join @nickisnpdx and me on Jan 29th for The Power Hour at The UpLyft Collective. https://t.co/mooiRKNnQs. Link for #Pinksocks Website: https://t.co/Kwe140rBnW

[Silicon Valley Bank @SiliconVlyBank]

We are fully committed to the innovation economy. With the strength and stability of @firstcitizens, we are continuing to deliver specialized lending and financial solutions for the innovators inventing the future.

Learn more: https://t.co/n7JQpNoxYS

[Jesse Middleton @srcasm]

If you were a @WeWork/@WeWorkLabs member or employee and now you're a founder, please put your hand up. I'm working on something that may or may not involve you and I'm trying to come up with a master list. I have a bit of work to do but it'd be insanely helpful if you'd spread this far and wide. I'll bring it together and organize it all and share it with everyone on the list for starters.

[Henrique Dubugras @hdubugras]

Great talking to Julia!

[Venture Diva @venturediva]

https://t.co/9WonwRaupN

[Hemant Taneja @htaneja]

At @generalcatalyst we are continuing to work actively with Silicon Valley Bank as are a number of other venture firms: @BessemerVP @GreylockVC @lightspeedvp @Lux_Capital @MayfieldFund @Redpoint @svangel @upfrontvc. We ask the rest of the global VC community to join us.

[Sheel Mohnot @pitdesi]

I'm encouraging our portfolio companies to keep their money at SVB, & encourage you to do the same.

It's the safest place to put your money - fully guaranteed with no $250k limit.

We (tech/VC's) really need SVB & have a real chance to bring it back or find a friendly home.

[Vera Shokina @VeraShokina]

This is a great initiative by VC3 DAO, a community of VCs many of who I have known personally for many many years. They started fundraisign campaign. You can buy NFT or become an accredited investor. The funds will be used to support SVB or affected startups.

[Venture Diva @venturediva]

#SiliconValleyBank #SVBstrong

[Hemant Taneja @htaneja]

Several VC leaders met today to discuss the aftermath of SVB’s downfall. This is a joint statement from all of us. @Accel @altcap @BCapitalGroup @generalcatalyst @eladgil @GreylockVC @khoslaventures @kleinerperkins @lightspeedvp @MayfieldFund @Redpoint @RibbitCapital @upfrontvc

[Venture Diva @venturediva]

The last 48 hours have been nothing but surreal. I have been with #SVB only for 6 months but have realized that the community that the bank built was like no other. As one of my colleagues @ijakemendel said yesterday “act today in a way you’ll be proud tomorrow”. #SVBstrong

[Brad Svrluga @bradsvrluga]

I'd like to formally thank my peers in the venture community whose stellar leadership over the past 48 hours triggered a run on deposits at Silicon Valley Bank, ultimately toppling one of the most important institutions in our ecosystem.

[samir kaji @Samirkaji]

A lot of panic re: SVB (you should see my phone/emails!). A bank run driven by panic is the real risk here, not the action of selling LT securities at loss

I have no inside information as I left SVB in 2012, but know enough about banking to piece together.

Quick 🧵

[Siqi Chen @blader]

deleted recent tweets about svb.

1. people who Know Things still believe SVB will be fine

2. fanning the flames of a bank run is a bad look for everybody and i don’t want to be a contributor

3. svb is good people and good partners for the ecosystem and deserve our support

[Alex Cohen @anothercohen]

I feel bad for Silicon Valley Bank right now.

They have been the biggest capital partner to founders, employees, and investors over the last decade and they’re being completely turned on by all of them.

If SVB goes under it would be detrimental to the startup community

[Mark Suster @msuster]

Counter rumor. I'm hearing from VCs I know on email, text, DM, whatsapp ... that they want calm and don't believe SVB is going anywhere. I have many messaging me now. We are working on forming a group to share information more cohesively on what we know & advise

[villi @villi]

SVB is the most important capital provider to tech startups and the biggest supporter of the community. Now is the time to support them.

[Mark Suster @msuster]

1/ More in the VC community need to speak out publicly to quell the panic about @SVB_Financial ... I believe their CEO when he says they are solvent and not in violation of any banking ratios & goal was to raise & strengthen balance sheet

[Venture Diva @venturediva]

https://t.co/3PbTmdHYPG

[Venture Diva @venturediva]

Join @Car0lyn_Ng, @julesyoo, @erinbrodwin and @jonnysvb next week for an in-depth conversation about the VC-backed #healthcare ecosystem and the key findings in @SVB_Financial’s new report. RSVP here: https://t.co/lTobMYHK6u #SVBHealthcare