Masters in Business Greg Becker on the Innovation Business (Podcast)
Aug 13, 2021
Barry Ritholtz chats with Greg Becker, CEO of Silicon Valley Bank, the only bank focused solely on the global innovation sector. Becker discusses his journey in high-risk lending and the evolution of venture capital since the dot-com era. He shares insights on developing banking strategies tailored for startups and the dynamics of private market investments. The conversation touches on the bank's historical ties to major tech companies and highlights the importance of adaptability in the changing landscape of innovation. Plus, he offers advice for new graduates on teamwork and resilience.
AI Snips
Chapters
Books
Transcript
Episode notes
Becker's Early Role at SVB
- Greg Becker joined SVB in 1993 as a loan officer, lending to early-stage tech companies.
- This experience provided him with a unique perspective on the innovation economy.
Startup Lending
- Lending to startups involves pattern recognition, understanding investors and markets.
- SVB has adapted its lending approach over time, making it difficult for others to replicate.
Dot-Com Crash
- The dot-com crash of 2000 was a formative period for SVB, revealing its resilience.
- Strong relationships forged during the crisis proved invaluable for long-term growth.
