On March 10th 2023, Silicon Valley Bank, a major lender to tech startups, collapsed. Which became the largest bank to fail since the financial crisis in 2008. US regulators had to shut down Silicon Valley Bank and take control of its customer deposits. The banks’ swift closures have sent shock waves through the tech industry, Washington and Wall Street. SVB’s downfall triggered a global market sell-off in fears of a banking crisis and collapsing market knock-on effect. 

In this episode, we invited Brandon Chiang as our guest to discuss this sudden crisis. Brandon is an experienced investor and has worked in AppWorks Ventures and Cornerstone Ventures. He used to utilise a data-driven approach to help startups make sound business decisions and develop effective strategies. He is also the Founder & Managing Partner of Addin Ventures, an early-stage venture fund in Taiwan & the States to fund US-focused vertical SAAS startups with data-driven analysis to make business decisions better. Join us to have a deeper understanding of what happened to SVB Bank!

In this episode of Startup Island Taiwan Podcast, you will find out:
☛ What is SVB's business model? What causes SVB collapse?
☛ 4 key considerations to keep in mind when it comes to Venture Debt
☛ SVB’s collapse highlight the risk that many banks have in their investment portfolios
☛ What is the relationship between Silicon Valley Venture Capital and Silicon Valley Bank?
☛ After the SVB collapse and the rise of the interest rate, What will happened for fundraising?

Host: Uly
Guest: Brandon Chiang, Founder & Managing Partner of Addin Ventures

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