In an attempt to quell a banking panic that has so far mainly affected tech startups banking with Silicon Valley Bank and Signature Bank and now First Republic, the Fed is now insisting that treasury bonds will be guaranteed to be worth what they were issued for and that the Federal Reserve would guarantee bank…
Funding, Mobility Tech, Tech News
How Tech Startups Are Succeeding During COVID-19
Research labs have been shut down. Small businesses are searching for funding. But it’s not all bad news in the emerging tech hubs of the Midwest. Especially in hard-hit Michigan, the structure is in place to allow some startups to do quite well during challenging times. We went in to a few interviews of Midwest tech companies and startup coaches thinking they would help us pay forward resources to startup founders to get through these hard times. In addition to resources, they had some good news.