Outside the Box: Silicon Valley Bank survived the dot-com crash and the Great Recession, but SVB met its match in Powell’s hawkish Fed

by | Mar 13, 2023 | Stock Market

Silicon Valley Bank (SVB) SIVB has long been an integral part of the Silicon Valley startup scene, lending money to venture-capital-backed companies and holding their operating cash as bank deposits. SVB has always been vulnerable to startup booms and busts — nearly drowning during the popping of the dot-com bubble and during the Great Recession of 2007-2009 but it did survive. Not this time. The…

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