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One year after SVB, the throne sits empty
By
Jessica Hamlin © PitchBook
Friday, 8 March 2024
One year after Silicon Valley Bank’s implosion, the venture debt market has yet to crown a new king.
When the bank, which held accounts for almost 50% of VC-backed tech and life science companies in 2022, collapsed on March 10, 2023 , the impact saw widespread financial panic among start-ups and in related markets.
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