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Dubai News Club > Tech > The tech industry moved fast and broke its most prestigious bank
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The tech industry moved fast and broke its most prestigious bank

Press Room
Last updated: 2023/03/12
Press Room
Published: March 12, 2023
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On the last night of its existence, Silicon Valley Bank was hosting VC Bill Reichert of Pegasus Tech Ventures, who was giving a presentation on “How to Pitch Your WOW! to Investors” to about 45 or 50 people. Mike McEvoy, the CEO of OmniLayers, recounted the scene for me. “It was eerie over there,” he said. He saw a number of people exiting the building during the event, looking subdued.

Roger Sanford, the CEO of Hcare Health and a self-described “professional Silicon Valley…

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