Is the failure of Silicon Valley Bank one of the first dominoes to fall signifying the end of the easy money in venture financing? Or will the days of wine, roses, cheap money, and SPACs return with the resurgence of the stock market?
Ventures are said to be holding on to the cash they raised earlier, and are reluctant to raise more because some valuations have fallen by half or more. They are also waiting for the return of the glory days and high valuations of the recent past. READ MORE