GLOBALink | Collapse of SVB may leave "huge gap in the ecosystem": startup CEO-Xinhua

GLOBALink | Collapse of SVB may leave "huge gap in the ecosystem": startup CEO

Source: Xinhua

Editor: huaxia

2023-03-18 15:27:17


AUSTIN, March 18 (Xinhua) -- More than a week after U.S. regulators closed Silicon Valley Bank and sent shockwaves through the financial systems in the U.S. and Europe, two American startupers described their first-hand experiences in this crisis and shared observations on its long-term impacts.

Wenning also elaborated on why SVB is so important to startups like his company in the U.S.


Produced by Xinhua Global Service

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