A bank like Silicon Valley Bank, which is deeply entrenched in the
tech community can provide lines of credit
at perhaps a slightly cheaper rate, but they are a retail bank first and foremost, and not a venture debt
company.
As Mark Zuckerberg gets ready to testify to Congress, amidst calls for both regulating and
perhaps even breaking up
tech companies, it is time to take a sober look
at where we stand with these
companies, what the last three weeks have changed and the consequences for investment decisions.