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Beyond Softbank, VCs including Benchmark and Insight Partners still hold significant stakes, as does founder Adam Neumann.

Today's uncertain banking market does not bode well for founders of color, said small-business owner Mitchella Gilbert.

Today's uncertain banking market does not bode well for founders of color, said small-business owner Mitchella Gilbert.

SVB was shut down by regulators on March 10 after a run on deposits. It has since been taken over by the FDIC.

Startup accelerator Y Combinator's CEO Garry Tan said 30% of his companies that banked with SVB wouldn't be able to pay their staff in 30 days.

Original Article by TechSling Weblog: Many people have creative business ideas, but the lack of funds to turn them into thriving businesses holds them back. Others have great products, but they are yet to be profitable because they can only serve a s...

"If it continues to be buried in a lot of the critiques, it means that we're not doing a great job of showing how it works," Dorsey said.