Silicon Valley Bank Collapse Affects Roblox, Buzzfeed, and Other Companies

  • SVB Financial Group, a lender focused on startups, failed last week, becoming the largest bank to fail since the 2008 financial crisis.
  • The collapse of SVB Financial Group has sent shockwaves through the global financial system.
  • Regulators have stepped in to contain the fallout from the collapse.
  • Companies such as Roblox and Buzzfeed have been affected by the collapse.

[Via]

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