A VC account of Silicon Valley Bank Crash | Scott Heyes, Mendoza Ventures

By Joanne Cousins on 16/03/2023

Welcome to Fintech News - in this special edition Dexter Cousins chats to Scott Heyes of Mendoza Ventures about the Silicon Valley Bank crash.

Scott shares his first hand experience of events as they unfolded last Thursday with an urgent call from the CEO of SVB. 

As we know things quickly escalated from there leaving most VC firms with little choice but to recommend their portfolio companies withdraw their funds.

Scott shares his views on what went wrong, how it could have been avoided and what the impacts will be both short and long term for the global startup sector.

To find out more about Mendoza Ventures -  https://mendoza-ventures.com/

You can follow Scott Heyes - https://www.linkedin.com/in/scottheyes/

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Article written by Joanne Cousins

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