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I saw a claim go by on Twitter that (some?) VCs required their companies to bank with SVB. Frankly, the thread it’s in feels a little histrionic, and I hesitate
by hyperpape 4y ago
I saw a claim go by on Twitter that (some?) VCs required their companies to bank with SVB. Frankly, the thread it’s in feels a little histrionic, and I hesitate to believe it. But surely someone here on HN can confirm/deny?
Source: https://twitter.com/bhargreaves/status/1634245405205471245 https://twitter.com/bhargreaves/status/1634245405205471245
- Animats 4y agoNot sure about "required", but definitely recommended.[1] "11 of 15 YC startups with IPOs bank with SVB. And 7 of those began with SVB Startup Banking." "Silicon Valley Bank: The choice of YC game changers" (The SVB web site is still up, for now. But logins are disabled.) [1] https://www.svb.com/account/y-combinator https://www.svb.com/account/y-combinator