Book contents
- Silicon Valley Bank
- Silicon Valley Bank
- Copyright page
- Contents
- Figures
- Tables
- 1 The Bank for the Innovation Economy
- 2 The Origin of the Idea
- 3 Bank Atrophy and Outliers
- 4 The Stanford Professor and Two Bankers
- 5 Be Different from the Beginning
- 6 Against All Odds
- 7 Convincing the Banking Regulators
- 8 SVB Tech Lending and the Birth of Venture Debts
- 9 Leveraging the VC Relationships for Expansion
- 10 Into the Premature Future and Banks’ Almost Embrace of ESG
- 11 SVB’s Sudden Death and Lessons Learned from Banking Innovators
4 - The Stanford Professor and Two Bankers
Published online by Cambridge University Press: 08 February 2024
Book contents
- Silicon Valley Bank
- Silicon Valley Bank
- Copyright page
- Contents
- Figures
- Tables
- 1 The Bank for the Innovation Economy
- 2 The Origin of the Idea
- 3 Bank Atrophy and Outliers
- 4 The Stanford Professor and Two Bankers
- 5 Be Different from the Beginning
- 6 Against All Odds
- 7 Convincing the Banking Regulators
- 8 SVB Tech Lending and the Birth of Venture Debts
- 9 Leveraging the VC Relationships for Expansion
- 10 Into the Premature Future and Banks’ Almost Embrace of ESG
- 11 SVB’s Sudden Death and Lessons Learned from Banking Innovators
Summary
The three founders of Silicon Valley Bank (SVB) epitomize Californian determination and pragmatism. Medearis, the Stanford professor, who for ten years listened to his students struggling to obtain loans, decided to float an idea of a community bank for tech companies. The professor sought out a banking consultant who brought in a bank executive who carried his dream of founding his own bank, the trio together established a community bank for tech. Their backgrounds and convictions illuminate the startup spirit synonymous with Silicon Valley. Their journey led them to select what was then an uncommon name, Silicon Valley Bank, in 1983.
Keywords
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- Chapter
- Information
- Silicon Valley BankThe Rise and Fall of a Community Bank for Tech, pp. 78 - 94Publisher: Cambridge University PressPrint publication year: 2024