
If 10 or more startups announce that due to the events this week at SVB they need to liquidate and shutter operations. Will include acquisitions at significant discount to valuation at time of last funding, or if unavailable based on comments by the founders or investors on the reason for an unexpected or hastily executed sale.
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@ian There's still a lot of other effects that we aren't sure about. For example, many startups had a line of credit from SVB - now that line of credit is gone.
@AbhijeetY Only SVB in the US has failed I believe. They have subsidiaries in Asia and Europe that are independently regulated.
@BTE yes but a lot of YC backed startups - operating in India - had US based VC funding parked in SVB. Do they count?
@AbhijeetY Yes I will count any YC company since they all relocate to the US at least during the program so could easily be exposed.