Venture capitalists made a big mess with SVB – Information

Venture capitalists just gave a master class on how not to handle a crisis.

My sympathy goes out to the founders. They’ve been bombarded with conflicting advice for days, from all-caps emails from panicked “seasoned” venture investors urging them to withdraw their funds from Silicon Valley Bank to emergency Zoom calls asking them to to stand aside and support the collapsed institution. . Venture capitalists should help founders, not confuse them. That’s not what happened.

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