Silicon Valley Bank has 50% of US VC-backed startups as customers
— Genevieve Roch-Decter, CFA (@GRDecter) March 10, 2023
There are over 130,000 VC-backed companies, according to PitchBook.
That's nearly 65,000 startups that used SVB. pic.twitter.com/axB2WCEOM2
And more than 93% off SVB’s $161 Billion Deposits are Uninsured *****5br4s7SNnS
— Ravisutanjani (@Ravisutanjani) March 10, 2023