For those interested in what Silicon Valley Bank's $74 billion loan (rather than securities) portfolio looked like at the end of last year, take a look at this table. 1/4
#banks #loans #vcfunding #wineries
#banks #loans #vcfunding #wineries
The $6.7 billion in "investor dependent" loans to Venture-backed startups are the ones that are difficult for national banks to acquire. They are also the key to the whole SVB ecosystem, including the Global Fund Banking portfolio of $41.3 billion which is by far 2/4
the biggest segment, followed by the $10.5 billion private bank portfolio. Wine at $1.2 billion seems small but is a huge part of US lending to wineries.
The challenge for FDIC in a nutshell: these apparently disparate lending businesses are all deeply intertwined. 3/4
The challenge for FDIC in a nutshell: these apparently disparate lending businesses are all deeply intertwined. 3/4
High value to a franchise buyer, questionable value to a piecemeal buyer. And if a buyer can't to the earliest stage "investor dependent" loans, can it hold on to the rest of the business? 4/4
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