Here’s how the collapse of Silicon Valley Bank could impact marketing and media
Home / 4As Blog / Here’s how the collapse of Silicon Valley Bank could impact marketing and media
Published 03.15.2023
Topic
Technology
The fall of SVB – and its subsequent takeover by federal regulators – has left many across the finance and tech industries feeling shaken. We asked experts to weigh in on how marketers might be affected.
On Friday, Silicon Valley Bank (SVB) became the largest US bank to collapse since the onset of the 2008 international financial crisis. SVB, headquartered in Santa Clara, California and founded in 1983, was the banking partner to some of the biggest names in the tech and media industries, including Roku, Roblox, BuzzFeed, crypto lending firm BlockFi and crypto management company Circle. On its website, the bank describes itself as “the financial partner of the innovation economy” and listed its total client funds in Q4 2022 at $342bn.
