TC+ roundup: Silicon Valley Bank fails, fintech VC survey, B2B growth tools

No one can predict the follow-on effects of a moment like this. We are in uncharted territory.


I write this twice-weekly newsletter on a tight deadline, so when I saw a press release that started with “Silicon Valley Bank, Santa Clara, California, was closed today,” I realized I might need to pivot.
To protect SVB’s former customers, who have around $175 billion in deposits, the Federal Deposit Insurance Corporation (FDIC) transferred assets to a new entity: the Deposit Insurance National Bank of Santa Clara.
Insured customers who deposited $250,000 or less will have access to

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