The wrong kind of disruption: SVB collapse forces startups, VCs to scramble during SXSW
March 12, 2023 at 12:12 PM EDT
A huge chunk of the nation's startups keep their money at Silicon Valley Bank. The financial institution's collapse became a major point of conversation at South by Southwest, the annual tech festival and innovation bonanza. Some folks even walked off stage in the middle of SXSW to tend to the crisis. Click through to read about what startup CEOs and investors are saying.