Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. After an unexpected COVID-19 era boom, in which startups nearly doubled what they raised from venture capitalists and the subsequent bust due to rising inflation and lingering supply chain issues the economic landscape is dire for many venture capital-backed tech businesses. if(document.createEvent && document.addEventListener) { Silicon Valley Bank Gets Back to Lending, Albeit at Slower Pace .wsite-elements.wsite-footer h2, .wsite-elements.wsite-footer .product-long .product-title, .wsite-elements.wsite-footer .product-large .product-title, .wsite-elements.wsite-footer .product-small .product-title{} Over the last year, the mood in Silicon Valley has darkened. Connect with changemakers, learn about innovation in climate solutions, education, and workforce development, and have some fun! document.dispatchEvent(initEvt); There have already been some high-profile flame-outs in 2023. In 2004, Zafer co-founded his first company: Modern Media, LTD, a media house that owns and operates popular radio stations which received recognition from the US-based National Association for Broadcasters in 2007 (In 2014, Modern Media was acquired by D&C Electronics). "The pricing may be different. Unit D, 405 Curtner Ave.Palo Alto, CA, 94306415-702-8031, The Offices 4, One CentralDubai, UAE+97144397240, Office 1203, Minato KoBuildingKobe City, Japan. And served clients in 12 of the regions leading markets. 2023 SVB Financial Group. But investors whom the German entrepreneur knew weren't answering her calls. Sorry, the page you are trying to open is available only for our paid subscribers. His firm, Khosla Ventures, invests in experimental technologies such as biomedicine and robotics.. It may be a little slower than it was over the last three years, but VC's been around for a long time and we continue to innovate in America. Palo Alto-based investor Windy Hill Property Ventures and San Francisco's Rockwood Capital have acquired a luxury mixed-use property blocks from San Jose's SAP Center. Based on the nearly four decades that SVB has been deeply immersed in Silicon Valley and other global innovation hubs, SVB Capital is uniquely positioned to capitalize on the best opportunities in technology, life sciences and venture. .galleryCaptionInnerText {} Examining all things climate, ranging from the biggest environmental story of the moment and why it matters in a larger scale, to innovative solutions that can turn the tide. _W.storeName = null; Other businesses and investors are changing their perception of what success looks like during an economic downturn. SVB Capital is operating in the ordinary course. Le prsident de la rgion Auvergne-Rhne-Alpes, Laurent Wauquiez, n'a pas eu peur de voir grand, . Reach out to learn more about SVB Capital, By providing your email address, you consent to receive emails from Silicon Valley Bank. ga('send', 'pageview'); SILICON VALLEY VENTURES GROWTH PARTNERS LLP. US Venture Capital is all we do. .wsite-headline-paragraph,.wsite-header-section .paragraph {} var STYLE_PREFIX = 'wsite'; SVVL has two facilities for collaboration and R&D. Collaboration Office: Event and meeting space (1,500 sf) R&D Garage: Pilot test space for new products and system (2,000 sf, 20 feet height) Address Collaboration Office: 951 Industrial Rd. SVB Financial Group (SVB) is the holding company for all business units and groups. document.documentElement.initCustomerAccountsModels++ TSMC 7nm process capacity utilization falling rapidly, More ban on semiconductor equipment to China accelerating tech decoupling. Save up to $15 with TurboTax coupon May 2023, Epic Bundle - 3x Expert Stock Recommendations, 15% OFF DIY Online Tax Filing Services | H&R Block Coupon, 10% TopResume Discount Code for expert resume-writing services, Groupon Deal of the Day - July: Up to 91% OFF w/ Groupon Coupon, How to Leave Grandkids Your Retirement Savingsand Not a Huge Tax Bill, Immigration Backlashes Spread Around the World, America Is Wrapped in Miles of Toxic Lead Cables, Why the Ukraine Counteroffensive Is Such Slow Going, Last Mile of the Inflation Fight Will Be the Hardest, Opinion: Hottest Days Ever? Toyota Ventures Meanwhile, tech companies permeate throughout every industry and there are more startups in the market than ever before. He believes entrepreneurs should proactively think about being acquired or finding another exit strategy. #wsite-content div.paragraph, #wsite-content p, #wsite-content .product-block .product-title, #wsite-content .product-description, #wsite-content .wsite-form-field label, #wsite-content .wsite-form-field label, .blog-sidebar div.paragraph, .blog-sidebar p, .blog-sidebar .wsite-form-field label, .blog-sidebar .wsite-form-field label {} .wsite-headline-paragraph,.wsite-header-section .paragraph {} Join us at our upcoming event. @media screen and (min-width: 767px) {.wsite-elements.wsite-not-footer:not(.wsite-header-elements) div.paragraph, .wsite-elements.wsite-not-footer:not(.wsite-header-elements) p, .wsite-elements.wsite-not-footer:not(.wsite-header-elements) .product-block .product-title, .wsite-elements.wsite-not-footer:not(.wsite-header-elements) .product-description, .wsite-elements.wsite-not-footer:not(.wsite-header-elements) .wsite-form-field label, .wsite-elements.wsite-not-footer:not(.wsite-header-elements) .wsite-form-field label, #wsite-content div.paragraph, #wsite-content p, #wsite-content .product-block .product-title, #wsite-content .product-description, #wsite-content .wsite-form-field label, #wsite-content .wsite-form-field label, .blog-sidebar div.paragraph, .blog-sidebar p, .blog-sidebar .wsite-form-field label, .blog-sidebar .wsite-form-field label {} The Menlo Park-based investor joined a company all-hands, where he explained the tough economic climate and what it meant for the startup itself. _W = _W || {}; _W.securePrefix='www.svvgp.com'; _W = _W || {}; SVVI - Bridging Silicon Valley Venture Capital and Middle East [{"id":"863929766298833557","title":"Home","url":"index.html","target":"","nav_menu":false,"nonclickable":false},{"id":"942822142280630612","title":"Services","url":"services.html","target":"","nav_menu":false,"nonclickable":false},{"id":"574020453266268662","title":"Leadership","url":"leadership.html","target":"","nav_menu":false,"nonclickable":false},{"id":"998613369133697344","title":"About","url":"about.html","target":"","nav_menu":false,"nonclickable":false},{"id":"191132138685741011","title":"Industries","url":"industries.html","target":"","nav_menu":false,"nonclickable":false},{"id":"302901879312512914","title":"Case Studies","url":"case-studies.html","target":"","nav_menu":false,"nonclickable":false},{"id":"266795273788108403","title":"Contact","url":"contact.html","target":"","nav_menu":false,"nonclickable":false},{"id":"241838711816864724","title":"Blog","url":"blog.html","target":"","nav_menu":false,"nonclickable":false}], Vinod Khosla .wsite-footer blockquote {} initEvt.initEvent('customerAccountsModelsInitialized', true, false); VC is a game of access. Edit Lists Featuring This Company Section. _W.setup_model_rpc({"rpc_namespace":"_W.CustomerAccounts.RPC","model_namespace":"_W.CustomerAccounts.BackboneModelData","collection_namespace":"_W.CustomerAccounts.BackboneCollectionData","bootstrap_namespace":"_W.CustomerAccounts.BackboneBootstrap","models":{"CustomerAccounts":{"_class":"CustomerAccounts.Model.CustomerAccounts","defaults":null,"validation":null,"types":null,"idAttribute":null,"keydefs":null}},"collections":{"CustomerAccounts":{"_class":"CustomerAccounts.Collection.CustomerAccounts"}},"bootstrap":[]}); .wsite-product .wsite-product-price a {} "863929766298833557", .wsite-footer blockquote {} Since the end of 2021, initial public offerings have been practically unheard of, removing a major source of capital infusion for many later-stage startups. })(); Former Senior Business Executive at Kamin Gulf Trading. Tom Loverro, a investor at 40-year-old Bay Area venture capital firm IVP, has been loudly warning for months on Twitter and in media interviews about a coming "mass extinction event" for startups. L'aventure commence", ce sont 108 courts mtrages. Anton joins Toyota Ventures with eight years of experience in the public relations industry, having worked for several high tech PR agencies in Silicon Valley. ", Starting to see more and more 40-50% layoffs (after prior rounds of "13%").Canary in coal mine for what is coming. Silicon Ventures Silicon Valley Ventures (SVV) is Global Innovation Accelerator. Her business was hitting its goals, but all of a sudden no-one was interested. Welcome to Obayashi's Silicon Valley Ventures & Laboratory (SVVL). Headcounts have been cut. C-Level Executive (CEO, COO, CFO, CMO, CRO, CDO, ). , GCG, CEOSocialTech Summit 2023, Forbes JAPAN , CEOUNICORN CUP FINALS Q1, 2023, MARCH 16, 2023, https://www.youtube.com/watch?v=7QQW2b5yvgo&t=43s, Collaborare , Forbes JAPAN 51, Forbes JAPAN , 10CEO, Forbes JAPAN 3, Collaborare 19Web 3.0, Collaborare Web 3.0NFTDAO, Forbes JAPAN, Collaborare . Evnement- L'Aventure Lumire en 108 courts mtrages In line with our new Strategic Plan's focus on #equity & #powersharing, 3 are Community Partner Grantees--a first for SV2! On Twitter, investor Elad Gil called recent startup layoffs a " "Canary in the coal mine for what is coming. Silicon Valley has long had a tolerance toward drug usemany companies don't test employees regularlybut the phenomenon is worrying some companies and their boards, who fear they could be . terms of our, Thank you for reaching out. Silicon Valley Index But many industry-watchers believe the second half of 2023 is when the failure rate may start to tick up properly. Joint Venture Silicon Valley A survey conducted by January Ventures, a Boston-headquartered early-stage investment firm, found that more than four-fifths of early-stage startups have less than 12 months available to them on their existing funding at the time. This powerful combination of activities enables us to learn more and create more impact than we could on our own. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. bit.ly/3utCO2q pic.twitter.com/WRP37AHt5S, Join us for SV2 Meditation Mondays every week at noon on Zoom! .wsite-elements.wsite-not-footer:not(.wsite-header-elements) h2, .wsite-elements.wsite-not-footer:not(.wsite-header-elements) .product-long .product-title, .wsite-elements.wsite-not-footer:not(.wsite-header-elements) .product-large .product-title, .wsite-elements.wsite-not-footer:not(.wsite-header-elements) .product-small .product-title, #wsite-content h2, #wsite-content .product-long .product-title, #wsite-content .product-large .product-title, #wsite-content .product-small .product-title, .blog-sidebar h2 {} Oops, we ran into an error loading the form, please check back later. Even a last-ditch slashing of the startup's prospective valuation a "down-round," in Silicon Valley parlance didn't whet investors' appetites. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Founding and operating experience in the US, Europe, Asia, and Greater China. "If the timing had been different, we would have had a shot.". Dont Believe It, Opinion: Covid Censorship Proved to Be Deadly, Opinion: Bidens Short-Sighted New Health Rule, Opinion: The Future of War Has Come in Ukraine: Drone Swarms, From Mine to Battery: Indonesian Nickel Drives the Worlds EV Market, WSJ Opinion: The Biden-Big Tech Censorship, Ron DeSantis Joins 2024 Presidential Race, Teeing Up Face-Off With Trump, Russian Media Show Apparent Raid on Wagner Owners Mansion and Offices. Already a subscriber? Will Hawthorne, founder of startup M&A advisory firm Avid Capital Advisor and partner at VC firm Sugar Capital, pointed to the hundreds of billions of dollars of unspent capital that investors are sitting on. ". The best opportunities are oversubscribed. #wsite-content h2.wsite-product-title {} Our connections in the innovation economy allow us to access scarce fund allocations in addition to direct equity allocations. Raising Capital for International Operations Located in New York City and Palo Alto, we look forward to working with you to help you achieve your dream of changing the world with your innovative ideas. .blog-header h2 a {} _W.storeEuPrivacyPolicyUrl = ""; '', Nunc ut sem vitae risus tristique posuere. Deep commercial relationships with top tech and life science companies and venture funds, combined with proprietary data driving differentiated research, deliver consistent returns for our investors. With a passion for helping business leaders & innovators build successful business models, strategies and brands. In March 2020, the influential VC firm Sequoia Capital warned the pandemic could cause economic instability and resultant issues for startups from a drop-off in VC funding to weak sales and painful layoffs. That's nearly double the previous record of $166.6 billion raised in 2020. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB). The IPO market has also shriveled, taking a once-reliable escape route off the table. The joint venture paid . You also consent to the (In 2022, that had fallen to $288.3 billion, most of which was raised earlier in the year.) And then we get into one of these boom cycles again," he said. We have experienced development of innovative products in Silicon Valley way such as Construction project tracking system with 360 degree camera and construction image AI, Cyber/physical inspection system, Management system for autonomous construction heavy machine, Generative design cloud system, Powered Clothing, etc. Our mission is to create a new value in construction process and built environment by applying technologies such as AI / IoT / Robotics / Vision (Reality Capture) / Cloud / Generative design / 3D printing, etc. var STATIC_BASE = '//cdn1.editmysite.com/'; Please, South Korea invests big aiming to become major quantum powerhouse by 2035, LGES to develop artificial graphite with Novonix and capture North American markets, Rumored Apple Vision Pro supply chain lists 7 Chinese and 11 Taiwanese manufacturers, iCatch Technology partners with Prophesee to launch iEVCam: World's first event-based smart camera developer kit, DataVan flexes muscles at Computex, envisions future of smart retail with AI, Skymizer achieves top-tier performance in MLPerf Tiny v1.1 benchmarks, Xperi innovations create an extraordinary experience to build home, mobile and automotive consumer and entertainment use cases, With ICT supply chain as support, Taiwan's motorcycle IoT technology receives foreign attention, Volkswagen to test autonomous driving program in Austin with Mobileye's technology, Western companies should negotiate win-win situations with China, Stellantis CEO says, India aims to be leading green hydrogen exporter. The data, they argue, shows a perfect storm of factors that will prompt an abnormally high wave of startup failures: A drought in venture capital is spreading through the valley as VC investments into startups drop for the sixth consecutive quarter. Experienced Team We Accelerate Global Innovation } The spectacular implosion of Silicon Valley Bank a key funder and financial institution for many tech firms shook the industry. Tom Loverro recently got a call from a CEO at one of his portfolio companies. Yamashita is also a council member of Gerson Lehrman Group (GLG). Nous pouvons devenir la Silicon Valley europenne. OperationsPartnerAs one of the main partners at SVVI, Ramzi offers his network of investors the opportunity to invest in some of the hottest VC tech opportunities in the US generating excellent financial returns. Silicon Valley is perched on solid ground despite growing income and wealth divides, persistent racial inequities, and a dwindling population, according to the 2023 Silicon Valley Index, released by Joint Venture's Institute for Regional Studies. SVB Capital received permission from the individual/company quoted to use the above solicited statement. But it may not be enough. "I still believe that we had something, and we especially, we had something that created impact and we had the numbers for it," she said. It's almost impossible for startup companies to get funded" unless they're demonstrating extraordinary growth and revenue, said Consuelo Vanderbilt, founder of creative-focused social network SohoMuse and investor for the Vanderbilt family fortune. On March 17, 2023, SVB Financial Group, the holding company that operates SVB Capital, filed a voluntary petition for a court-supervised reorganization under Chapter 11. Bridge rounds, as Unown initially did, are also becoming increasingly popular and accounted for at least 40% of all investments in Series A and Series B in the first quarter of 2023 a post-pandemic record. LG executives gather in Silicon Valley to discuss open innovation .wsite-button-inner {} While some companies like Instacart, Navan, and Databricks have been chomping at the bit to go public as soon the IPO market thaws, bankers have given up trying to predict when that might finally be possible. _W.customerLocale = "en_US"; But other entrepreneurs are already on the receiving end of a more uncomfortable message from investors and advisers: Sell now and recoup some capital, rather than limping on for another few months in vain. m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) Tom Loverro, a investor at 40-year-old Bay Area venture capital firm IVP, has been loudly warning for months on Twitter and in media interviews about a coming "mass extinction event" for startups . Venture debt an alternative funding source for startups that doesn't involve equity has also dropped, it found. VC is a game of access. Tetsuya has more than 25 years of experience leading sophisticated technology and business deployments in Japan. Examples of Yamashita's work include building the first Silicon Valley Startup Acceleration Program in Japan. They were hoping someone might know a better. "Endroit autant calme pour un petit billard que dynamique lors de soire thme! The search engine Neeva sold itself to Snowflake, a cloud-based data warehouse firm that went public in 2020. All companies listed above are independent third parties and are not affiliated with SVB. We partner with category-leading, innovative technology companies and assist them in forging critical partnerships to make their international expansions successful. 'active', Log In; Sign Up; Nearby: Get inspired: Top Picks; Trending; Food; Coffee; com_userID = "51847033"; Silicon Valley Ventures The data points to one thing, nervous tech insiders say: A startup bloodbath is coming. Thereafter, she joined Safanad, a global principal-led investment house, where she worked closely with the Investment Partners ensuring effective transaction execution. Businesses that are offering less-vital software services may be vulnerable as their clients cut discretionary spending, Jennifer Neundorfer said. 2023 Silicon Valley Social Venture Fund is a 501(c)(3) not-for-profit organization. ", This winter, EV company Arrival cut about 50% of its staff. Obayashi SVVL, Inc. is an organization in Silicon Valley to collaborate with partners (Research Institutes, Startups) holding technologies in Construction tech and Built Environment tech which will bring innovative process to construction industry and built environment. Vinod Khosla is the founder of Khosla Ventures, a Silicon Valley venture capital firm. 2023 DIGITIMES Inc. All rights reserved. Fundraising is a distraction. .wsite-menu-default a {} Ramzi has capitalized on innovation waves one after the other. //--> "And so what that means is: You can't do everything at least at once.". #wsite-content div.paragraph, #wsite-content p, #wsite-content .product-block .product-title, #wsite-content .product-description, #wsite-content .wsite-form-field label, #wsite-content .wsite-form-field label, .blog-sidebar div.paragraph, .blog-sidebar p, .blog-sidebar .wsite-form-field label, .blog-sidebar .wsite-form-field label {} _W.storeCurrency = "USD"; Investors Scoop Up Mixed-Use Development Near Google's Paused Silicon He argued this "dry powder" could help alleviate the potential economic pain of the coming months. Our dedicated venture banking team - including relationship managers, credit and treasury solution specialists, and customer service . Full access to articles dating back to 2000. _W.storeCountry = "US"; Oops! Ramzis on-the-ground execution experience is an asset and an advantage. The SVB Capital funds continue to have access to sources of funding, including subscription credit facilities and investor and general partner commitments. Brotman believes venture capitalists will shift their strategy to support their existing portfolios or companies that already have a potential to generate large revenue. The best opportunities are oversubscribed. While the overall failure rate will increase beyond the historic norm, the buzz around AI may allow these firms to flourish. SVBs Rob Freelen responds to questions about how large venture funds are growing larger and solo venture capitalists are writing substantial checks into startups at all stages. This will save the password on the computer you're using to access the site. His role also entails helping corporates execute their innovation and VC strategies. .wsite-menu a {} Please ensure all fields are filled in correctly and try again. .wsite-image div, .wsite-caption {} "When I went out again in January, this is when it became super difficult," Ahrens said. Meanwhile, the total number of early-stage startups has been steadily climbing for years, which means there are more companies fighting for a shrinking money pool and an increasing number of them have yet to raise any post-seed funding. She had previously raised around $2.5 million in seed funding in 2019. The Index is primarily used for research and benchmarking purposes and as a resource for planning, policy- and decision-making across all economic sectors. Welcome to Obayashis Silicon Valley Ventures & Laboratory (SVVL). They weren't looking for money. The economy, corruption and Goldman Sachs dominate the first international interview with Malaysia's new Prime Minister. Many of these projects involve public-private partnerships, global technology deployments, and global and Japanese investors. #mindfulness sv2.org/events/ pic.twitter.com/kaZpsmZIBV, We are thrilled to share SV2s new Strategic Plan with our extended community! We're proud . Silicon Valley Bank, which was recently acquired by First Citizens BancShares, has resumed lending to the startup and venture market, though less aggressively than in the past. Intel cuts off manufacturing in IDM2.0, TSMC is expected to benefit, China to lead in next-gen power semiconductor in 5-10 years, according to Korean research institute, India's Vedanta to make 28-65nm semiconductor chips for local demand, Taiwan OSATs quietly ramp up support for Chinese customers. Hoarding All That Cash Is Eroding Your Wealth, New York's Congestion Pricing PlanIs Bad Economics, Europe Wasnt Built for Our Era of Hard Power and War. In 1957, a group of Northern California scientists fed up with their boss sent an S.O.S. With 9+ years of VC experience in Silicon Valley, a team on the ground, and a deep understanding of the asset class, we mastered accessing the most sought-after deals and rounds and turned it into a process. #wsite-content h2, #wsite-content .product-long .product-title, #wsite-content .product-large .product-title, #wsite-content .product-small .product-title, .blog-sidebar h2 {} The premium content you are trying to open requires News database subscription. He pointed to the vast funding rounds throughout 2021 and early 2022, and the 12-24 months of runway many companies secured in them. Her global network on both sides of the startup ecosystem inspired her to institutionalize the process of introducing allocators, fund managers, and entrepreneurs to build SVVI's investor network and community. Jumana started her career as a Private Bank Executive at Barclays Private Bank where she assisted in overseeing a portfolio of ultra-high net worth Individuals and Institutions across East Africa, the UAE, Oman, and the Levant. Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org. SVB Capital invests in the most successful fund managers and portfolio companies in the Valley and beyond. Investors Scoop Up Mixed-Use Development Near Google's Paused Silicon Valley Project Rockwood Capital, Windy Hill Property Ventures Pay Nearly $84 Million To Acquire Multifamily-Anchored Property Please contact us if you have any questions. Silicon Valley Ventures & Laboratory. GSV Ventures is a female-led, multi-stage venture capital firm investing in the $7+ trillion education technology sector across "Pre-K to Gray." . $ + tax #wsite-title {} .wsite-elements.wsite-footer div.paragraph, .wsite-elements.wsite-footer p, .wsite-elements.wsite-footer .product-block .product-title, .wsite-elements.wsite-footer .product-description, .wsite-elements.wsite-footer .wsite-form-field label, .wsite-elements.wsite-footer .wsite-form-field label{} Silicon Valley Is On Drugs LGTV's event in Silicon Valley attracted many high-level executives from the group. You should obtain relevant and specific professional advice before making any investment decision. Silicon Valley Bank, which was recently acquired by First Citizens BancShares, has resumed lending to the startup and venture market, though less aggressively than in the past . SV2s model of engaged, collaborative giving has four components: grants and impact investing, learning programs, capacity building, and family engagement. We have a deep understanding and first-hand experience in establishing a presence for technology companies approaching Japan, the Middle-East, North Africa and SEA. } We pool our financial resources to invest in social ventures and deploy our skills and networks to help them achieve greater impact. But Loverro believes because of tech's size and ubiquity across industries today, the upcoming crash may actually be far worse than the 2000s. SVB Capital Venture Investment Platform for Limited Partners | Silicon They might even find a home for their product and team if they can woo a potential buyer before cash runs out. She returned to the search in earnest at the start of 2023. .wsite-image div, .wsite-caption {} UpHonest Capital Location: Foster City, California Industries: Artificial Intelligence, Healthcare, Software, Ecommerce, Internet, Biotech, Information Technology Stage: Early-Stage Venture, Seed Notable Portfolio Companies: Wyre, Scout, Node, Hims & Hers, Marble .wsite-menu-default a {} (if applicable) for The Wall Street Journal. .wsite-not-footer blockquote {} .wslide-caption-text {} les premiers de l'histoire du cinma. Now, investors and industry observers are nervously eyeing an array of concerning data points. "Funding successful innovation is not dead, but companies need to deliver tangible milestones and commercial proof points in order to survive," Mike Ryan, the cofounder of BulletPoint Network, a firm that analyzes startups, told Insider. We are after true partnerships that yield and compound value. In the spring, RapidAPI, which was previously valued at $1 billion, also laid off half its team. Silicon Valley Ventures & Laboratory - To Realize Digitalized Obayashi Almost as soon as Linda Ahrens, the cofounder and CEO of startup Unown, started looking for Series A funding for her fashion startup, she could tell something had changed. } else if(document.documentElement.initCustomerAccountsModels === 0){ _W.themePlugins = []; _W.recaptchaUrl = "https://www.google.com/recaptcha/api.js";