Minh Le bled SVB. The longtime leader at Silicon Valley Bank spent more than half of his professional career with the company, including the past eight years as a market… Read More
Longtime Seattle-area tech mainstay Minh Le has joined Stifel Bank as managing director, following a 14-year career with Silicon Valley Bank. “It’s been a wild last few weeks, and I… Read More
First Citizens Bank has agreed to purchase all deposits and loans of Silicon Valley Bank, the Federal Deposit Insurance Corporation announced late Sunday. Depositors of Silicon Valley Bridge Bank, the… Read More
Founders who had venture debt lines with Silicon Valley Bank are trying to find new types of loans or debt capital in the fallout of Silicon Valley Bank’s collapse. “Real… Read More
Some venture capitalists say it’s business as usual for their investment plans in the aftermath of Silicon Valley Bank’s downfall. But analysts with PitchBook wrote in a report this week… Read More
This week on the GeekWire Podcast … We discuss the latest on the Silicon Valley Bank collapse, and consider the long-term implications of the bank’s meltdown on startups and the… Read More
Before its collapse last week, Silicon Valley Bank was a champion of the growing climate tech sector. “As the bank of the innovation economy, and in alignment with our mission… Read More
Silicon Valley Bank wants you back. The 40-year-old institution now supported by the U.S. government is making a plea to customers following its collapse last week. “Please consider cancelling any… Read More
As part of the rapid downfall of Silicon Valley Bank, questions swirled about the future of venture debt and whether startups would be able to access their loans. Some clarity… Read More
Startup leaders and tech investors cheered the U.S. government’s promise this weekend to fully protect both insured and uninsured Silicon Valley Bank deposits. But the bank’s demise left many unresolved… Read More
Hope Cochran began her career as a senior auditor at Deloitte before serving as CFO of Clearwire and King Digital. She’s a finance expert. But the tech veteran has never… Read More
While many startup founders and investors slept easier Sunday night knowing their deposits at Silicon Valley Bank were safe, the rapid meltdown of the 40-year-old institution could have short- and… Read More
Updated with reaction from Seattle-area startup leaders and investors. The Federal Deposit Insurance Corporation will “complete its resolution of Silicon Valley Bank in a manner that fully protects all depositors,… Read More
Editor’s note: GeekWire reached out to Will Canestaro, managing director of Washington Research Foundation and WRF Capital, on Friday to get his take on the impact of Silicon Valley Bank’s… Read More
The government takeover and subsequent acquisition of Washington Mutual in 2008 could serve as a potential blueprint for the future of Silicon Valley Bank. The economic forces behind the two… Read More
Simply meeting payroll was likely not atop the to-do list for most founders earlier this week. But now many startups are scrambling to figure out if they’ll be able to… Read More
The rapid collapse of Silicon Valley Bank culminated Friday with news that the California Department of Financial Protection shut down the 40-year-old firm and turned it over to the Federal… Read More
Follow-up: Regulators close Silicon Valley Bank in stunning downfall for financial mainstay of tech industry Venture capital firms in Seattle are advising portfolio companies to reconsider their positions with Silicon… Read More
After startup exit activity took a nose dive in 2022 amid inflation, rising interest rates, and other macroeconomic forces, some tech analysts are predicting public listing and acquisitions to pick… Read More
Minh Le has been busy. As a market manager for Silicon Valley Bank’s Washington and Western Canada region, he helps entrepreneurs access various lines of credit. And last year, as venture… Read More
— Microsoft alum Wendy Turner-Williams is now chief data officer at Tableau. She joined from Tableau’s parent company Salesforce where she was vice president of information management and strategy. At… Read More
— Kim Swift has been named the senior director of cloud gaming for Xbox Game Studios Publishing. Swift is a longtime Seattle-area gaming industry vet whose resume includes Valve Software… Read More
Seattle investment firm WestRiver Group agreed to sell its debt investment business to SVB Financial Group, the parent company of Silicon Valley Bank (SVB). The deal will help create the… Read More
Early-stage tech startups that want funding from Lighter Capital can now also gain easy access to banking services from Silicon Valley Bank. Seattle-based Lighter Capital, which offers startups an alternative to… Read More
Seattle is sometimes called the younger sibling of Silicon Valley when it comes to startups, and it’s true that Seattle’s startup scene has historically been smaller and more modest than… Read More