News Digging > Technology > Y Combinator estimates 1 lakh jobs within its community at risk due to SV Bank collapse
Y Combinator estimates 1 lakh jobs within its community at risk due to SV Bank collapse
Y Combinator estimates 1 lakh jobs within its community at risk due to SV Bank collapse,We are not asking for a bank bailout, the petition said.The petition seeks attention of the government to provide relief for the immediate impact the SVB collapse has on small businesses, startups and their employees.According to the NVCA, Silicon Valley Bank has over 37,000 small businesses with more than USD 250,000 in deposits.

Y Combinator estimates 1 lakh jobs within its community at risk due to SV Bank collapse

We are not asking for a bank bailout, the petition said.The petition seeks attention of the government to provide relief for the immediate impact the SVB collapse has on small businesses, startups and their employees.According to the NVCA, Silicon Valley Bank has over 37,000 small businesses with more than USD 250,000 in deposits.