Silicon Valley Bank collapse: Over 1 Lakh jobs at risk, 10,000 startups face payroll failure, Y Combinator CEO tells US Treasury Secretary
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US-based technology startup accelerator Y Combinator, which has invested in thousands of startups, including at least 200 from India, has written a petition to US Treasury Secretary Janet Yellen and others, asking them to prevent further shockwaves that could lead to financial crisis and layoffs of more than 100,000 workers.