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FOCUS-Tech execs race to save startups from 'extinction' after SVB…

WASHINGTON, March 11 (Reuters) – U.S. President Joe Biden spoke with California Governor Gavin Newsom on Saturday about the Silicon Valley Bank failure and efforts to address the situation, the White House said after the bank’s collapse. Trans activist Eli Erlick openly boasted about supplying hormone blockers to minors, describing themselves as a ‘proud criminal in Mississippi’ which recently became the latest state to ban transgender minors from receiving gender-affirming care Nine of the top 10 cities with the highest percentage of renters are in the Northeast, with Miami as the single outlier ranked number eight, according to a recent study based on Census data from real estate advisory firm Among cities with a population of 100,000 or more, Newark, New Jersey has the highest share of renters at 79.15 percent, and three other New Jersey cities ranked in the top 10 for renters.  DeSantis’ recent remarks on Ukraine have also caused concern among Republican supporters, and his poll numbers have suffered as Hire a 7th Grade Private Educator result, with a Reuters/Ipsos poll putting Trump’s support at almost three times that of DeSantis.  The 27-year-old founder of the organization Trans Student Educational Resources  admitted to ordering four times the estrogen and testosterone blockers they require and giving the remaining medication to youth who don’t have access to the drugs Even small startups are getting in on the action to help others.

Aleem Mawani, founder of Streak, a company with about 30 employees, tweeted Friday he would lend his personal cash free of any terms to other small startups worried about paying staff. “Even if SVB can’t find a buyer or a loan over the weekend, a lot of the money startups have on deposit will be made available to them. But in the meantime, people are facing a real liquidity crunch through no fault of their own, and employees need to get paid,” he said.

‘I can’t imagine what was going through your head and wondering, you know, about your job, your future. My goal is how to figure out how to preserve a small portion of the franchise value that we have spent so much time building and hopefully find the right partner that the FDIC can work with to have this institution continue with some form or fashion.’ Gavin Newsom, the Treasury Department and esl the Federal Deposit Insurance Corporation (FDIC) — which now controls the bank’s assets — are holding crisis talks as the try to get other financial institutions to buy out SVB.

Henrique Dubugras, co-CEO of fintech startup Brex, also spent the weekend working the phone after his company announced an emergency credit line on Friday to help startups get through their next payroll. Aiming to avoid what Garry Tan, the CEO of startup accelerator Y Combinator, called a potential “extinction level event” in the tech sector, industry executives moved quickly to do what they could to save small businesses.

The drug distribution operation appears to have been started in 2021, with the trans-activist in September of that year posting to Instagram about ‘redistributing extra hormones to people who can’t access/afford them.