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Mar 17, 2023 · Silicon Valley Bank was a large commercial bank that served many startups and venture-backed firms. It failed in March 2023 due to losses on its bond portfolio, withdrawals by customers, and regulatory issues.
Mar 13, 2023 · What is Silicon Valley Bank? Established in 1983, Silicon Valley Bank was, just before collapsing, America’s 16th largest commercial bank.
Mar 28, 2023 · Silicon Valley Bank was founded in 1983 in Santa Clara, California, and quickly became the bank for the burgeoning tech sector there and the people who financed it (as was its intention).
As a regional bank in the San Francisco Bay Area, SVB offers services specifically designed to meet the needs of the tech industry, and soon became the largest bank by deposits in Silicon Valley and the preferred bank of almost half of all venture-backed tech startups.
Mar 13, 2023 · How a bank run and a regulatory shutdown brought down the most prestigious bank of the tech industry. Learn what happened, who it affects, and what happens now.
Mar 13, 2024 · What is Silicon Valley Bank? SVB was founded in 1983 and was the 16th largest U.S. bank before its collapse. They specialized in financing and banking for venture capital-backed startup companies -- mostly technology companies. Venture capital firms did business there as well as several tech executives.
Mar 15, 2023 · Silicon Valley Bank provided banking services to nearly half the country’s venture capital-backed technology and life-science companies, according to its website, and to more than...
