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The US looks set to send Ukraine the Army Tactical Missile System, which Kyiv has long sought. ATACMS has longer range than Ukraine's other missiles, allowing it to hit valuable Russian targets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It took heavy losses when Ukraine introduced HIMARS and began hitting more distant targets, but it adapted to that and has shown signs of adapting to the cruise missiles Ukraine has started using. "That depends on the ability to find and fix targets at that range," Kofman said.
Persons: ATACMS, , Joe Biden, Volodymyr Zelenskyy, Doug Bush, Biden, MIKE NELSON, Michael Kofman, Kofman, VITALY TIMKIV, There's, Colby Badhwar, Badhwar, Maxym, HIMARS Organizations: Army Tactical Missile, Service, MGM, Tactical Missile, Washington, Washington DC, US, Bloomberg, Getty, GPS, Carnegie Endowment, International, Kyiv, British Ministry of Defence, Berdyansk, Maxar Locations: Ukraine, Kyiv, Tirana, Albania, AFP, Crimea, Russian, Russia's Krasnodar, Russia, Ukrainian
SVB was a great partner to all the innovation that's happened in Silicon Valley," Varun Badhwar, CEO and co-founder of Palo Alto, California-based security software startup Endor Labs, tells CNBC Make It. "I still fundamentally believe there was nothing foundationally wrong with the bank." Before the crash, SVB counted nearly half of the country's venture-backed startups as clients, according to its website. CNBC Make It spoke with a group of startup bosses across a variety of industries, all of whom lost access to some, or all, of their company's money during the crash. But as investors' and other founders' attitudes changed throughout the afternoon, he decided to get the company's money out.
Silicon Valley Bank's failure has left startup founders scrambling for a new home for their money. Last Friday morning, the startup founder Mang-Git Ng zipped up the interstate before sunrise to a Silicon Valley Bank branch in St. Helena, in California's wine country. Ng's plight is similar to countless other founders following the failure of Silicon Valley Bank, who waited with bated breath over the weekend on whether they'd ever get their money back. DiversificationSilicon Valley Bank's collapse could forever change how startups stash their cash, at least two investors told Insider. Silicon Valley Bank had exclusivity clauses with some of its clients, according to a CNBC report, forcing them to use the firm for most or all of their banking services.
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