Re:A Silicon Valley Dream Collapses in Allegations of Fraud
by manigandham on Thursday September 01, 2016 @01:16AM
(#12403241)
That's because there are currently no "startup-friendly" banks. The ones who say that are just using marketing speak and are no better and often worse to deal with than the majors.
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Re:A Silicon Valley Dream Collapses in Allegations of Fraud
by bigtones on Thursday September 01, 2016 @01:50AM
(#12403330)
That is not true at all. Silicon Valley Bank is absolutely friendly to startups, helps fund them, and supports them with a great network of early stage company get-togethers many times per year. They supported my startup from first funding right through to the $42 million we have raised to date.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud
by manigandham on Thursday September 01, 2016 @03:18AM
(#12403591)
Every big bank will also help you if you're about to put millions in an account with them. And some random "get-togethers" aren't really a big deal and not something I'm looking for from a bank.
What does "supported" even mean? What does SVB really do for you that another major bank couldn't? In contrast, they have less branches and ATMs, fewer business hours, weaker credit card offerings, more fees, and an utterly crap web interface.