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From juicy perks to firings on Twitter, the tech bubble is close to bursting

 2 years ago
source link: https://www.telegraph.co.uk/technology/2023/03/19/juicy-perks-firings-twitter-tech-bubble-close-bursting/
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From juicy perks to firings on Twitter, the tech bubble is close to bursting

Is the collapse of start-up bank SVB another sign the Silicon Valley gold rush is drawing to a close?

By Ben Wright

and

Io Dodds,

Business Reporter,

San Francisco

19 March 2023 • 8:00pm

Silicon Valley

The timing could hardly have been worse. Jeremy Hunt was due to deliver his “Budget for Growth” in four days’ time. But instead of spending the weekend putting the final touches to his sums and speech, the Chancellor and his team were instead embroiled in a frantic 48-hour attempt to save the UK arm of a bank most people had never heard of....

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