Julia Travaglini, a senior VP with prominent incubator Greentown Labs, said they're "actively working" to gauge effects on their roster of 200-plus startups, noting many use SVB.
- "Beyond the Greentown community, this will have tremendous repercussions on climate tech startups and VCs in our space," she said in an email exchange prior to federal regulators' moves Sunday.
Zoom out: Wedbush Securities analysts, in a note, predict a "tighter financing landscape going forward for tech community...the hurdle for bank loans and other forms of debt financing will be a different world going forward."