Will SVB failure trigger mass layoffs at start-ups? This is insane!

Coming soon for sure. Indian startups which have a US parent company might have exposure to this. I already know of a company that is affected. Was going through troubled times and now won’t even be able to meet payroll for end of March.

My friends company also had 20 percent of funds in SVB

hey what's the source of this?

Yes, question is which indian startups have their assets there

Yes checked in Google there is no impact for Indian start-ups.

Rippling is affected due to this.

I think paytm and it’s parent company hogged a chuck from these guys.