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As tech founders and venture capitalists grapple with the news that the bank thousands of startups relied on — Silicon Valley Bank — has collapsed, some fear it could also signal the end of an era of innovation.
“The collapse of Silicon Valley Bank will leave a big hole to fill when it comes to backing startups, raising worries that no one else will provide the kind of support for new businesses that came from the bank,” a tech insider with funds in SVB told The Post.
