Tech CEO with millions in Silicon Valley Bank: 'Innovation in the startup world is bleeding today'

Posted on AllSides March 10th, 2023
From The Right
Justin Sullivan/Getty Images

The CEO of a tech company said she has been unable to access her Silicon Valley Bank (SVB) account after it was shut down by regulators. 

FarmboxRx CEO Ashley Tyrner warned that the bank's closure will have more far-reaching impacts on the startup world. 

"Innovation in the startup world is bleeding today, and it's hurt," Tyrner said on "The Big Money Show" Friday. "And everybody is trying to figure out what is Monday going to bring. Is it only going to be [$250,000]? When can we access the rest of...

Read full story

Fox Business

AllSides Media Bias Rating: Lean Right
AllSides Media Bias Rating: Lean Right
115121/88304
See full bias rating for Fox Business
Learn about media bias
https://www.foxbusiness.com/technology/tech-ceo-millions-silicon-valley-bank-innovation-startup-world-bleeding-today

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right