News 5's Taneisha Cordell chats with Assistant Professor Lakshmi Balasubramanyan with the Weatherhead School of Management regarding the closure of Silicon Valley Bank.
News 5's Taneisha Cordell chats with Assistant Professor Lakshmi Balasubramanyan with the Weatherhead School of Management at the Case Western Reserve University regarding the closure of Silicon Valley Bank and the impacts it might have on small businesses.News 5 Now Saturday Afternoon Download the News 5 Cleveland app now for more stories from us, plus alerts on major news, the latest weather forecast, traffic information and much more.
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Silicon Valley Bank’s implosion leaves a gaping hole for start-upsThe tech world relied on Silicon Valley Bank for everything from mortgages to credit cards. Its implosion has left them reeling.
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Opinion | Credit Suisse and Silicon Valley Bank’s problem is an addiction to clientsOpinion by Dan Davies: Credit Suisse and Silicon Valley Bank’s problem is an addiction to clients
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Inside the relationship with venture capitalists that did Silicon Valley Bank inSVB was in the business of lending to VCs, not companies, with a trick that boosted their returns. It was not a lucrative business and that created challenges.
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How Twitter helped push Silicon Valley Bank over the edgeSocial media and online banking have made lenders more vulnerable to digital bank runs, experts say.
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Peter Thiel: I Had $50 Million Stuck During Silicon Valley Bank RunThiel’s venture capital firm reportedly accelerated the bank run by telling its portfolio companies to withdraw their cash.
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