Aarti Srivastava

SVB Bankruptcy Impact on Startups Globally It is being suspected. According to an estimate, with the closure of this bank, where thousands of startups can have a direct impact, there is a possibility of loss of jobs of more than one lakh people. If you trust the data of National Venture Capital Association (NVCA), SVB has more than 37 thousand account holder small businesses. In each of which an amount of more than two and a half million dollars is deposited in the account. After the bankruptcy of the bank, it has been decided that now these account holders will have to wait for a long time to get their amount. ,