Yesterday, the tech world was rocked by breaking news of the sudden collapse of Silicon Valley Bank. We want to let you know that Sales & Orders does not source any funding from Silicon Valley Bank or use any of Silicon Valley Bank’s services.
Silicon Valley Bank has been the go-to bank for venture capitalists for years. The good news is, Sales & Orders is not backed by venture capitalists. Venture capitalists typically require companies to give up a portion of ownership and control in exchange for the investment. This includes controlling who the company banks with and the service providers the company uses. For us, however, it’s always been important to control our own destiny and grow our business in the direction we choose.
Sales & Orders software and advertisement services will continue to deliver to our partners and clients around the world. All funds and assets held at Sales & Orders remain safe and secure.
If you have any questions or concerns, please don’t hesitate to reach out to us.
As always, we are here for you,
Sales & Orders