Silicon Valley Bank: Catastrophic Collapse

Silicon Valley Bank: Catastrophic Collapse

The Silicon Valley Bank focused primarily on providing financial services to tech startups. Unfortunately, it suffered from a catastrophic collapse. The bank’s collapse was the second-largest bank failure in the history of the United States. Lack of diversification in Silicon Valley A combination of factors, with a lack of diversification being the most significant, caused the failure of the Silicon Valley Bank. The bank invested a substantial p…