Remote, historically good pay, great coworkers; good work life balance
Instability due to bank failure and acquisition. No idea what things will look like in the future.
Good work - life balance Job security Good for business knowledge
Valley focus more on vendors and contractors Compensation is very low
Most of the money of our startup is put in that bank. We not sure if we will be able to get the next payroll. Any other startup in the same situation?
Roku 26% of its cash in SIVB Circle’s USDC, the second-largest stablecoin, with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank. 50% of all venture capital-backed startups in the US had exposure to Silicon Valley Bank Onl...Read more
So if svb is no more, what does this mean for all the tech company’s money sitting in the bank?
I keep hearing about the drastic impact in the news, but I don't know anybody that's actually affected by them. Perhaps blind can shed some light? TC: 180k and dropping
WASHINGTON – Silicon Valley Bank, Santa Clara, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect insured depositors, the FDIC created the Deposit Insurance Nationa...Read more
If SVB goes under, there will be a lot of Startups that can’t make payroll in the next month 😱
Gary Becker, CEO of the Silicon Valley Bank that failed Friday, sold $3.6 million of his own shares in the bank Thursday. will the same people who oppose student debt relief also oppose making Silicon Valley Bank customers whole beyond FDIC's $250K insured-deposit limit?
thinking about an offer. whats the culture like? i got the impression that people work 24/7. whats the new leadership like? hows the new mission?
https://techcrunch.com/2023/03/09/silicon-valley-bank-shoots-self-in-foot/ Startup people- hearing any imminent impacts?
Why do startups choose SVB instead of the big four banks like BofA, Chase etc ? Do they offer something different ? #startup #siliconvalleybank
SVB is out of business. I guess they could not manage fake money anymore. I think the entire silicon valley is based on fake money. One day it will crash very hard. Get ready for the bumpy ride.
It is being reported that ROKU had 26% of total cash and cash equivalents held with Silicon Valley Bank. Layoffs loading .... Here is unverified list of companies impacted https://unusualwhales.com/news/roku-had-26-of-total-cash-and-cash-equivalents-held-with-now-collapsed-silicon-valley-bank
Biden and Co messing up economy so bad that it hurts. The sad part is that the very people who voted for him are suffering the worst. Wasn’t Trump better that during his time, almost all Silicon Valley companies grew multiple times in value and revenues? His tax cuts benefited Valley businesses and ...Read more
I read about the downfall of Silicon Valley Bank and had a query about the consequences of the downfall for their customers. Obviously there's a chance that the people who had money in the bank might lose some or all of it. But what happens to the home loans that were given out by the bank? 1) Do...Read more
Title says it all.. got a new DS role at SVB. Current TC 200k, new Tc 280.. not sure what to do. H1b transferred. 10 days left. Can’t go back to the previous company, role no longer available.
Silicon Valley bank reached out to me in regards to a relationship Advisor III role, does anyone know what the TC looks like for the role?
How bad is it going to be? It scares me with no significant amount in my bank. Whatever I have is at chase less than 220k in checking and managed brokerage. How do I prepare for my future as I just started earning and no deposit is trustable ? TC 140k
Posting for my friend. He got a job offer at SVB for Senior Software Engineer and has 10 yrs of IT experience. Base - 170K Bonus - 20% No RSU's Is there are room to negotiate the base? Howz the work culture? #swe #software #engineering
SVB collapse highlights $620 billion dollar hole lurking in banks’ balance sheets. Bring me back to 2019 please. Everything sucks today. https://finance.yahoo.com/news/regulators-close-silicon-valley-bank-after-bank-fails-to-raise-new-capital-165322606.html