Panic spreads in China’s startup industry due to SVB’s collapse

By / March 11, 2023
  • The collapse of Silicon Valley Bank (SVB) has caused panic in China’s venture capital market.
  • Investors and startups are discussing the fiasco and sharing ideas on how to prevent similar catastrophes on social media platforms.
  • Some companies are already feeling the tangible effects of the SVB’s collapse.
  • When…