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Svb Curacao Form

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>>> MEN TIME, THE COLLAPSE OF SILICON VALLEY BANK CONTINUING TO SEND SHOCK WAVES THROUGHOUT THE VENTURE CAPITAL COMMUNITY FOR WHAT'S AT STAKE FOR VCs AND STARTUPS I WANT TO BRING ON THE CEO OF THE VENTURE CAPITAL FIRM, 10% OF THE PORTFOLIO COMPANIES ARE EXPERIENCING PAYROLL CHALLENGES DUE TO THE COLLAPSE OF SVB GOOD MORNING TO YOU. >> GOOD MORNING, ANDREW. >> HOW -- I'M SURE THE WEEKEND WAS TOUGH, BUT HOW KFBCOMFORTAB OR NOT ARE YOU NOW ABOUT THE STATE OF AFFAIRS AND THE PORTFOLIO COMPANIES THAT ARE EXPOSED TO THIS BANK >> VERY GRATEFUL FOR THE TREASURY, THE FEDERAL RESERVE AND FDIC FOR STEPPING IN I THINK BACK STOPPING THE DEPOSITS HAS GONE A LONG WAY THE FACT THAT THEY'RE GOING TO BE AVAILABLE WE WERE ALL SCRAMBLING, US AND MANY OTHER FIRMS OVER THE WEEKEND TO CREATE SOME LOANS FROM OUR MANAGEMENT COMPANIES TO MAKE SURE THESE COMPANIES CAN MAKE PAYROLL, BUT I THINK NOW THAT CRISIS HAS BEEN AVERTED I THINK WE'VE GOT TO STILL THINK ABOUT OTHER ISSUES, BUT THE COMPANIES SHOU

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