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Camp Reaches Out to Customers for Help Amid Financial Difficulties Caused by Silicon Valley Bank Collapse

Camp, a venture-backed retailer based in New York, is facing financial difficulties due to the collapse of Silicon Valley Bank on Friday. In response, Camp has sent an email to customers offering a 40% discount on all merchandise with the code “BANKRUN”, while Etsy has sent an email to sellers warning of delays in processing payments. Other companies are also affected by the bank failure, and are relying on customers to help them stay afloat.