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The golden years for startups are over

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The golden years for startups are over

Rising interest rates, falling valuations, little investor money: Startups in Silicon Valley were already struggling with problems before their house bank went bankrupt. Times are rosy only for companies that deal with artificial intelligence.

The bankruptcy of the Silicon Valley Bank shook many startups – but even before that, young entrepreneurs had to struggle with market changes.

Steven Senne / AP

Even two weeks after the bankruptcy of the Silicon Valley Bank (SVB), you can still hear from founders how traumatic those days were.

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