Lessons from Silicon Valley Bank Collapse: Investing in a Tech Bubble

The collapse of Silicon Valley Bank (SVB) was a "Lehman moment" for the technology industry, according to a top Goldman Sachs dealmaker. SVB was considered a reliable source of funding for tech startups and venture capital firms. The future of SVB remains uncertain, even though deposits were ultimately backstopped by the government and SVB's government-appointed CEO attempted to reassure clients that the bank remained open for business. The SVB collapse has also raised questions over the potential consequences for other banks, with SVB being far from the only lender that has come under strain. Marriott also addressed tech IPOs and their outlook for 2023.