Fintech Insider Podcast by 11:FS cover image

718. News: The ultimate Silicon Valley Bank explainer

Fintech Insider Podcast by 11:FS

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Silicon Valley Bank's Failure Is a Symptom

In some ways, the bank is a little bit unlucky. What started as a very safe and sound decision in 2020 turned into a very unsafe decision by 2023. Silicon Valley Bank hasn't responded fast enough to the changing interest rate environment. I do want to say there are some fantastically good people at Silicon Valley Bank. This is a big human story. A lot of great people are at risk of losing their livelihoods.

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