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The Latest Breaking News from SVB Capital

The strange case of SVB Capital

Hundreds of pages of bankruptcy filings reviewed by Term Sheet outline the bizarre limbo the VC unit finds itself in.

Jason Lee's last startup to launch in a month

Jason Lee's last startup to launch in a month

Jason Lee's last startup was DailyPay, which raised over $1 billion, including $175 million in equity capital and the remainder in a revolving credit facility and a term loan. (SVB Capital, the venture capital and credit investment arm of SVB Financial Group, provided a small portion of the DailyPay term…

Lehman Brothers offers clues for fate of SVB Capital

Lehman Brothers offers clues for fate of SVB Capital

Lehman’s venture capital arm is still around today.

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Who will bid for SVB?

The FDIC is still trying to sell the bank, which is having trouble finding a buyer.

Read SVB Capital’s letter about its parent company’s bankruptcy

The funds and corresponding portfolio company holdings won’t be included in the bankruptcy proceedings.

Silicon Valley Bank’s parent company files for bankruptcy

SVB Financial Group files for chapter 11 protection but failed Silicon Valley Bank, now under FDIC control, is not part of bankruptcy

The Guardian - US

SVB Financial goes bankrupt, buying time to repay creditors

Silicon Valley Bank’s former parent company filed for bankruptcy a week after a run on deposits prompted regulators to seize its banking unit.

Tribune News Service

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Silicon Valley Bank’s parent company files for bankruptcy following sudden collapse

Silicon Valley Bank’s parent company files for bankruptcy following sudden collapse

SVB Financial Group is filing for Chapter 11 bankruptcy protection

The Independent UK

SVB is getting diced up for potential buyers

SVB is getting diced up for potential buyers

Investment banking, venture capital and more are on the block, but senior management are out the door.

SVB’s other businesses are on the block: What’s for sale and who may be a buyer?

SVB’s other businesses are on the block: What’s for sale and who may be a buyer?

SVB Financial named a restructuring committee to seek out alternatives for its non-banking units.

SVB puts its $10 billion venture arm up for sale

SVB puts its $10 billion venture arm up for sale

SVB Capital blasted a letter, seen by Fortune, to its limited partners via email Monday morning, saying it was “continuing to operate” following the closure of the bank.

Tomo Raises $40M Series A, Putting It In Reach Of $1B Valuation

Tomo Raises $40M Series A, Putting It In Reach Of $1B Valuation

Tomo secured a $40 million Series A led by SVB Capital and doubled its valuation to $640 million. Round participants include Ribbit Capital, NFX, Telesoft, Zigg Capital and Parker89.

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