SVB Collapse Threatens Climate Startups

Great article demonstrating concentration risk. Silicon Valley Bank has done an incredible job of supporting companies doing some of the most important work on technology solutions for climate change. But that concentration risk, and SVB’s failure, puts a lot of these companies’ futures at risk if they lose an important capital partner. ☀️ ?️ ⚡️??

#investing #finance #climatechange #SVB

https://www.nytimes.com/2023/03/12/climate/silicon-valley-bank-climate.html