Confessions of a Former SVB Executive
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Confessions of a Former SVB Executive
The board likely shares half of the blame, speculates Steve Blank, an adjunct professor of entrepreneurship at Stanford University. “Where were they?” he asks. “It seems like a toxic combination of a board not paying attention and a first-time founder in crisis.”
Courtney Rubin • How a Hot $100 Million Design Startup Collapsed Overnight
The firm was making bigger bets than it would ever be good for and nobody in the executive office seemed to understand or care. To criticize the firm’s direction was to be branded a traitor and tossed out the door.
Andrew Ross Sorkin • Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves
It had all the characteristics of the bank card mess of the late sixties. The internal strife was immense, pitting one segment of the industry with another in constant conflict for dominance. Each segment had messiahs preaching one gospel or another--governmental monopoly, unrestrained competition, state regulation, vertical integration,
... See moreDee Hock • One from Many: VISA and the Rise of Chaordic Organizati…
ScaleFactor Raised $100 Million In A Year Then Blamed Covid-19 For Its Demise. Employees Say It Had Much Bigger Problems.
David Jeansforbes.com