CEO of Startup Accelerator ‘Y Combinator:’ Silicon Valley Bank Failure Is an ‘Extinction-Level Event’
Garry Tan, president and CEO of Y Combinator, recently called the failure of Silicon Valley Bank an “extinction level event” for tech startups. Y Combinator has helped launch over 4,000 technology companies, including Airbnb, DoorDash, and Stripe. market watch report The collapse of Silicon Valley Bank (SVB) has shocked the tech startup community, raising concerns […]
NY Gov. Hochul’s controversial housing, tax proposals have some Democrats on edge: ‘Extinction-level events’
New York Gov. Kathy Hochul’s controversial proposal to raise the MTA’s payroll tax and nullify local zoning laws has unnerved some Long Island Democrats, with one lawmaker calling them It’s likened to an “extinction level event”. The Democratic governor’s MTA package, which relies in part on raising payroll taxes for urban employers, raises $800 million […]