Daily Crunch: With just $2.2B in remaining liquidity, SVB’s parent company files for bankruptcy
By Editor - Fri Mar 17, 3:16 pm
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here . Happy Friday Crunch! There’s a persistent theory in hardware that manufacturing overseas is the cheaper/better/more efficient option. You manufacture there, assemble somewhere else, and finally approve and get to market in the United States, Haje writes on TC+. It turns out that it’s possible to manufacture closer to home . With supply chains in the news more than ever, “nearshoring” is an oft-overlooked option for startups
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Daily Crunch: With just $2.2B in remaining liquidity, SVB’s parent company files for bankruptcy