Friday, March 10, 2023

Email: VC firm Greenoaks warned founders of potential problems at SVB in November 2022; a source says over 12 portfolio companies withdrew ~$1B in recent months (Lizette Chapman/Bloomberg)

Lizette Chapman / Bloomberg:
Email: VC firm Greenoaks warned founders of potential problems at SVB in November 2022; a source says over 12 portfolio companies withdrew ~$1B in recent months  —  Venture investment firm Greenoaks Capital Partners warned its startup founders of potential problems at SVB Financial Group's Silicon Valley Bank …



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The Alphabet Workers Union sends a layoff protection petition with 4,500+ signatures to Sundar Pichai, calling for guaranteed severance and buyout options (Sanya Mansoor/The Guardian)

Sanya Mansoor / The Guardian : The Alphabet Workers Union sends a layoff protection petition with 4,500+ signatures to Sundar Pichai, cal...