11 unsung heroes of Silicon Valley's banking crisis | Fortune
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11 unsung heroes of Silicon Valley's banking crisis | Fortune
"“Keep going-you're doing great!” it read. I won't ever know who wrote it, but I do know I really needed a few words of encouragement that day. And it served as a powerful reminder amid my ongoing coverage of the worst banking crisis since 2008 that it isn't just doom and gloom out there: It never is."
"“Sometimes it's a small act of kindness-or a big, much-needed sacrifice-that makes all the difference in the world. That's why I want to dedicate this edition of Term Sheet to the people you might refer to as 'unsung heroes'-the people who stepped up in a way that restored someone's faith in the private markets when everything looked like it might fall apart.”"
"“We saw a lot of humanity across the tech landscape-people stepping up to help each other in very meaningful, direct ways,” says Justin Butler, a partner at Eclipse Ventures."
"“- Isabel Chirase, head of finance at Drive Capital, was visiting her grandmother in Oregon for her grandma's birthday when Silicon Valley Bank collapsed. She worked the entire weekend to help rebuild Drive's banking infrastructure-and still made the party. - Greg Sands from Costanoa Ventures worked to help companies meet payroll from his personal bank account since his venture capital fund's accounts were frozen.”"
A drive-through card reading “Keep going-you're doing great!” provided encouragement during coverage of a severe banking crisis. The message framed private markets as more than doom and gloom, emphasizing that humanity and support can appear through both small kindness and large sacrifices. Examples include tech leaders offering personal funds to startups and venture investors stepping in when systems failed. Individuals were highlighted as “unsung heroes” who took risks to help others, including rebuilding banking infrastructure, covering payroll from personal accounts when fund accounts were frozen, and supporting affected companies. The focus remained on restoring confidence through direct, meaningful help.
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