Corporate investors can help portfolio companies with exposure to the failed Silicon Valley Bank by providing liquidity and legal advice, an investor says.
Although the US government stepped in to guarantee deposits at Silicon Valley Bank, the failure of this pillar of the startup ecosystem has rattled tech investors. Many see it as a signal to review governance and practices at their portfolio companies.
Daniel Wypler, partner at QBE Ventures, the corporate venture arm of Australian insurer QBE, spoke to GCV on the sidelines of the GCVI Summit, a gathering of corporate investors, in Monterey last week to share his thoughts on how the industry should respond to the crisis.
