Small business owner recounts chaos during SVB collapse.

Small business owner Vanessa Pham, CEO and cofounder of Asian food startup Omsom, shared her experience with Silicon Valley Bank's collapse, which threatened small businesses in addition to wealthy VC firms. Pham and her sister went into "problem-solving mode," tapping the company's investors for help and offering resources and encouragement to other small business owners. Omsom is now diversifying where funds are kept and ensuring its offerings shine in the face of uncertainty. The Pham sisters wanted to be transparent about their experience with SVB to show the impact on small, marginalized groups and the importance of examining the values behind products.
- Company was 'jerked around' by SVB collapse, says small business owner Business Insider
- 48 Hours Till Payroll, $200,000 to Go: Diary of a Bank Failure The New York Times
- The Weekend Silicon Valley Stared Into the Abyss WIRED
- Startup Founder Raced to Banks With Baby As SVB Collapsed Business Insider
- As Silicon Valley Bank died, a viral startup star was born Fortune
- View Full Coverage on Google News
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