1. TECH’S HOMETOWN BANK.
- Author
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Pulliam, Susan, Demos, Telis, and MacMillan, Douglas
- Subjects
- *
HIGH technology industries , *FINANCING of new business enterprises , *BUSINESS planning , *VENTURE capital companies , *FINANCE , *EMPLOYEES - Abstract
The article discusses the business strategy of Santa Clara, California, bank Silicon Valley Bank (SVB), particularly its relationships with high technology startup companies and investors. According to the article, SVB assists venture-capital firms in funding investments and offers mortgages to startup company founders and venture capitalists on an invitation-only basis. The article examines the high risks and rewards of SVB's business strategy and that of its parent company, SVB Financial Group. The article presents comments from SVB chief executive officer (CEO) Gregory Becker.
- Published
- 2015