5 Lessons Learned From Silicon Valley Bank’s Collapse

There are too many lessons to be learned from the tech-friendly Silicon Valley Bank (SVB) collapse. However, as more specifics about the bank’s demise are revealed, more nuggets of wisdom will come to light. In the meantime, it’s Sunday midday as I write this. A lot of information about the timeline of events that led to SVB’s closing has been covered by various media outlets ad nauseam. It’s easily the financial story of 2023. Perhaps of the 2020s to date. So, I’ll do a quick recap and then get into the five lessons learned from America’s latest bank failure. Step 1: Moody’s, the ratings agen…

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