Silicon Valley Bank’s Failure: Lessons for Private Business Owners and Directors
Chris Mercer
MAY 19, 2023
SVB was on a self-imposed path to destruction that had been in place and waiting for an adverse change in the economy or a rising interest rate environment to kick it into oblivion. A Short Digression from SVB? At the time, it was the sixth largest bank failure in history. Pricing relates to the interest paid by borrowers.
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