Sam Altman and Vinod Khosla to Offer Personal Loans to Struggling Startups After SVB Collapse

Image Credit: Techcrunch
  • Sam Altman, CEO of OpenAI, and Vinod Khosla, a venture capitalist, are offering personal loans to startups affected by the collapse of Silicon Valley Bank (SVB).
  • SVB, which was taken over by regulators on Friday, was involved with nearly half of the venture capital-backed startups.
  • Altman and Khosla are offering personal capital to help these struggling startups.
  • SVB customers’ money remains locked up at the bank.

[Via]