EPISODE · Mar 10, 2023 · 9 MIN
The Downfall of Silicon Valley Bank
from Let's Appreciate · host Kyla Scanlon
All my notes and citations are here - I am reading from several sources during this video The second-biggest bank failure in U.S. history after a run on deposits doomed the tech-focused lender’s plans to raise fresh capital. The FDIC just took control. The bank was the 16th largest in the U.S., with some $209 billion in assets as of Dec. 31 Silicon Valley Bank has been around since 1983. primarly works with vc backed companies - the banking partner for nearly half of U.S. venture-backed technology and healthcare companies that listed on stock markets in 2022. So it was four main things 1. The fed raising rates blew out their holdings - but their holdings were sort of risky 2. startups stopped depositing because vc funding dried up 3. new investment also stopped bc vc funding dried up 4. ceo made stuff worse + vcs started screaming https://kylascan.notion.site/Silicon-Valley-Bank-3dba234141cc4c3889a1e6a13a52bec9 00:00 - Intro 00:21 - Silicon Valley Bank 00:39 - Four Things 03:40 - How did this happen? 06:41 - What now? Blog: https://kyla.substack.com Linkedin: https://www.linkedin.com/in/kylascanlon/ TikTok: https://www.tiktok.com/@kylascan? Twitter: https://twitter.com/kylascan Instagram: https://www.instagram.com/kylascan/?h... All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me. DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
What this episode covers
All my notes and citations are here - I am reading from several sources during this video The second-biggest bank failure in U.S. history after a run on deposits doomed the tech-focused lender’s plans to raise fresh capital. The FDIC just took control. The bank was the 16th largest in the U.S., with some $209 billion in assets as of Dec. 31 Silicon Valley Bank has been around since 1983. primarly works with vc backed companies - the banking partner for nearly half of U.S. venture-backed technology and healthcare companies that listed on stock markets in 2022. So it was four main things 1. The fed raising rates blew out their holdings - but their holdings were sort of risky 2. startups stopped depositing because vc funding dried up 3. new investment also stopped bc vc funding dried up 4. ceo made stuff worse + vcs started screaming https://kylascan.notion.site/Silicon-Valley-Bank-3dba234141cc4c3889a1e6a13a52bec9 00:00 - Intro 00:21 - Silicon Valley Bank 00:39 - Four Things 03:40 - How did this happen? 06:41 - What now? Blog: https://kyla.substack.com Linkedin: https://www.linkedin.com/in/kylascanlon/ TikTok: https://www.tiktok.com/@kylascan? Twitter: https://twitter.com/kylascan Instagram: https://www.instagram.com/kylascan/?h... All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me. DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
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The Downfall of Silicon Valley Bank
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