If it was not apparent by 2022’s sharply decrease monetary outcomes for many tech firms, the surprising collapse final week of Silicon Valley’s go-to financial institution marked the bitter finish of the previous decade’s massive tech growth.
The close to Lehman-like collapse of Silicon Valley Financial institution final Friday was an enormous blow to the startup and venture-capital ecosystem, the place new concepts and firms come from. And earlier this week, extra layoffs and restricted hiring at Meta Platforms Inc. META and Apple Inc. AAPL, respectively, pointed to a probably longer…
