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Silicon Valley Bank's Collapse Chills Start-Up Funding

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Silicon Valley Bank's Collapse Chills Start-Up Funding

SAN FRANCISCO — Jonathan Nelson had lined up commitments for $2 million in new funding for his financial technology start-up, HF.Capital, from two investors last month. He was aiming for $2.5 million and thought securing the rest would be “perfunctory.” Then 67 investors turned him down. In mid-March, his initial investors backed out, too. Mr. Nelson was initially confused by the cold shoulder. But two days later, when Silicon Valley Bank, the...

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Silicon Valley Bank's Collapse Chills Start-Up Funding

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Silicon Valley Bank's Collapse Chills Start-Up Funding

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