SVB Collapse: Artifact Co-founder Kevin Systrom Predicts More Trouble for Silicon Valley, Speaks on Future of Tech

There could be more trouble to come for Silicon Valley, said Artifact co-founder Kevin Systrom on the SVB collapse.

Silicon Valley Bank (Photo Credit- Flickr)

Artifact co-founder Kevin Systrom has expressed his views on the recent Silicon Valley Bank collapse. In his interaction with TechCrunch, Kevin Systrom said there could be more trouble to come for Silicon Valley following the SVB collapse. He also shared his views on future impacts of the SVB failure and future of tech sector. Notably, his startup Artifact's funding was also caught up in the Silicon Valley Bank failure. First Republic Bank Crisis: 11 Banks in US Announce USD 30 Billion Rescue Package To Prevent California-Based Lender From Becoming Third Bank To Collapse.

Kevin Systrom on Silicon Valley Bank Collapse:

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