Sources: some hedge funds are offering to buy startups’ deposits at SVB for 60 to 80 cents on the dollar; Filing: ~96% of deposits as of Dec. 31 were uninsured (Semafor)

Semafor:
Sources: some hedge funds are offering to buy startups’ deposits at SVB for 60 to 80 cents on the dollar; Filing: ~96% of deposits as of Dec. 31 were uninsured  —  Hedge funds are offering to buy startups’ deposits stranded a…

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5 more arrested in kidnapping of 4 Americans in Mexico

Another five people have been arrested in Mexico for the kidnapping of four Americans, two of whom were killed amid the violent abduction. The group of suspects were taken into custody Friday on charges including aggravated kidnapping and simple inten…

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