HSBC Australia launches venture debt for tech start-ups
The local arm of global banking giant HSBC is hoping to exploit the release of Silicon Valley Bank’s stranglehold on the start-up sector.
Source: afr.com
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The local arm of global banking giant HSBC is hoping to exploit the release of Silicon Valley Bank’s stranglehold on the start-up sector.
Aussie tech start-ups have grown rapidly, backed by an abundance of VCs with friendly terms – but as the market tightens founders are looking to avoid bad deals.