SVB crisis petition: Y Combinator sends petition to US government; seeks relief, attention over SVB crisis
Famed accelerator Y Combinator, which has backed more than 200 startups in India, has submitted a petition to the US Treasury Secretary Janet Yellen, seeking relief and attention over the collapse of Silicon Valley Bank (SVB), which has led to deposits of hundreds of startups banking with the California-based lender to be frozen.The petition, written by Y Combinator president Garry Tan, has been signed by over 3,500 CEOs and founders. The signatories also include almost two dozen startups with a base in India. In the…