Silicon Valley Bank’s Failure: Lessons for Private Business Owners and Directors
![](https://i0.wp.com/chrismercer.net/content/uploads/2023/05/shutterstock_2274377215.jpg?fit=500%2C324&ssl=1)
The failure of Silicon Valley Bank will be talked about for years. What really happened? What caused SVB to fail? Was it just the long-term Treasury securities that everyone has talked about? Well, no. SVB was on a self-imposed path to destruction that had been waiting for an adverse change in the economy or a rising interest rate environment to kick it into oblivion.
There are, indeed, lessons for family business directors from the failure of Silicon Valley Bank. In this week’s post, I discuss four.