SVB was known as the biggest and the best bank nurture countless innovation and start-up with a generous venture capital for companies in Sillicon Valley. Not many people know that this bank was a result of a poker game in Pajaro Dunes between Bill Biggerstaff and Robert Medearis. What a coincidence that the SVB collapse closely related to a concept of this game – “All in” when this bank put most of their money into a single security and then faced the significant liquidity issue. To know more about historic event of banking industry, this video will provide the essential concepts and explanation for why “too big to fail” was nothing.
