Silicon Valley Bank shut down suddenly on Friday. The lender’s customer base was made up of many startups and venture-capital firms, particularly in the tech sector.
WSJ finance editor Charles Forelle joins host Julie Chang to explain the bank’s downfall.
Photo illustration: Dado Ruvic/Reuters
0:00 Federal regulators are rolling out emergency measures to prevent a banking crisis
1:09 What role did SVB play in the venture capital startup ecosystem?
2:04 Why did Silicon Valley Bank collapse?
3:43 How did startup founders respond?
4:51 What impact does Signature Bank being taken over by regulators have on Silicon Valley?
Tech News Briefing
WSJ’s tech podcast featuring breaking news, scoops and tips on tech innovations and policy debates, plus exclusive interviews with movers and shakers in the industry.
For more episodes of WSJ’s Tech News Briefing: https://link.chtbl.com/WSJTechNewsBriefing
#SiliconValleyBank #SVB #WSJ
WSJ finance editor Charles Forelle joins host Julie Chang to explain the bank’s downfall.
Photo illustration: Dado Ruvic/Reuters
0:00 Federal regulators are rolling out emergency measures to prevent a banking crisis
1:09 What role did SVB play in the venture capital startup ecosystem?
2:04 Why did Silicon Valley Bank collapse?
3:43 How did startup founders respond?
4:51 What impact does Signature Bank being taken over by regulators have on Silicon Valley?
Tech News Briefing
WSJ’s tech podcast featuring breaking news, scoops and tips on tech innovations and policy debates, plus exclusive interviews with movers and shakers in the industry.
For more episodes of WSJ’s Tech News Briefing: https://link.chtbl.com/WSJTechNewsBriefing
#SiliconValleyBank #SVB #WSJ
