{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6258409b64f93700122e37bb/645af0161ddd9f00118307ae?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Episode 55: Silicon Valley Bank: From Boom to Bust","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/6258409b64f93700122e37bb/1683918022996-a47eb7acbbac304bf467caf5b82f2945.jpeg?height=200","description":"<p>The Great Fail<strong><em> </em></strong>kicks off Season 3 with one of the biggest failures of 2023 thus far, as we watched one of the nation’s largest banks unravel. Once a rising star in the tech industry, Silicon Valley Bank was a paragon for startup founders and venture capitalists reaching dizzying heights of success in 2020. So how did it go from boom to bust just a few short years after? Was it greed, mismanagement, or something more sinister? You won't want to miss this riveting exploration of Silicon Valley Bank's rise and fall. </p><p><br></p><p>Listen to Episode 55 of The Great Fail to hear the story. Special thanks to Professor Mark T. Williams for his contributions to this segment.&nbsp;</p><p><br></p><p><strong>Sources</strong>&nbsp;&nbsp;</p><p><a href=\"https://www.npr.org/2023/03/15/1163269781/silicon-valley-bank-svb-collapse-history\" rel=\"noopener noreferrer\" target=\"_blank\">For 40 years, Silicon Valley Bank was a tech industry icon. It collapsed in just days</a>&nbsp;</p><p><a href=\"https://thephiladelphiacitizen.org/what-really-happened-to-silicon-valley-bank/\" rel=\"noopener noreferrer\" target=\"_blank\">WHAT REALLY HAPPENED TO SILICON VALLEY BANK</a>&nbsp;</p><p><a href=\"https://www.investopedia.com/what-happened-to-silicon-valley-bank-7368676\" rel=\"noopener noreferrer\" target=\"_blank\">What Happened to Silicon Valley Bank?</a>&nbsp;</p><p><a href=\"https://www.theverge.com/23635692/silicon-valley-bank-svb-collapse-explainer-startups-venture-capital\" rel=\"noopener noreferrer\" target=\"_blank\">The tech industry moved fast and broke its most prestigious bank</a>&nbsp;</p><p><a href=\"https://www.cnbc.com/2023/03/10/silicon-valley-bank-collapse-how-it-happened.html\" rel=\"noopener noreferrer\" target=\"_blank\">Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours</a>&nbsp;</p><p><a href=\"https://www.wired.com/story/the-ugly-lessons-of-silicon-valley-banks-collapse/\" rel=\"noopener noreferrer\" target=\"_blank\">The Ugly Lessons of Silicon Valley Bank’s Collapse</a>&nbsp;</p><p><a href=\"https://www.cnn.com/2023/03/26/business/silicon-valley-bank-red-flags/index.html\" rel=\"noopener noreferrer\" target=\"_blank\">Why almost everyone failed to predict Silicon Valley Bank’s collapse</a>&nbsp;</p><p><a href=\"https://finance.yahoo.com/news/feds-barr-to-congress-svbs-failure-is-textbook-case-of-mismanagement-175627335.html\" rel=\"noopener noreferrer\" target=\"_blank\">Fed's Barr to Congress: SVB's failure is 'textbook case of mismanagement'</a>&nbsp;</p><p><a href=\"https://www.cnn.com/2023/03/27/economy/michael-barr-testimony-svb-failure/index.html\" rel=\"noopener noreferrer\" target=\"_blank\">This is why SVB imploded, says top Fed official</a>&nbsp;</p><p><a href=\"https://www.foxbusiness.com/markets/fdic-first-citizens-bank-reached-deal-purchase-silicon-valley-bank\" rel=\"noopener noreferrer\" target=\"_blank\">FDIC says First Citizens Bank has reached deal to purchase Silicon Valley Bank</a>&nbsp;</p><p><a href=\"https://www.directorsandboards.com/articles/singlesilicon-valley-bank-collapse-lessons-boards\" rel=\"noopener noreferrer\" target=\"_blank\">Silicon Valley Bank Collapse: Lessons for Boards</a>&nbsp;</p><p><a href=\"https://www.newsbtc.com/news/is-moodys-ratings-downgrade-the-reason-why-silicon-valley-bank-fell/amp/\" rel=\"noopener noreferrer\" target=\"_blank\">Is Moody’s Ratings Downgrade The Reason Why Silicon Valley Bank Fell?</a>&nbsp;</p><p><a href=\"https://www.lowenstein.com/news-insights/publications/client-alerts/silicon-valley-bank-a-timeline-and-summary-of-events-debt-finance\" rel=\"noopener noreferrer\" target=\"_blank\">Silicon Valley Bank: A Timeline and Summary of Events</a>&nbsp;</p><p><a href=\"https://www.cnbc.com/amp/2023/03/11/silicon-valley-banks-demise-began-with-downgrade-threat.html\" rel=\"noopener noreferrer\" target=\"_blank\">Silicon Valley Bank's demise began with a downgrade threat</a>&nbsp;</p>","author_name":"Debra Chen"}