SVB Financial May Endure More Headwinds but Also a Potential Inflection Point in 2023


The start-up and technology bank SVB Financial (SIVB -3.46%), which is the parent company of Silicon Valley Bank, struggled in 2022 as tech valuations fell off a cliff, venture capital (VC) activity slowed, and client cash burn accelerated.
These headwinds will likely continue in the first half of 2023 as VC firms and start-ups wrestle over valuations and as VC activity…
This story appeared on fool.com, 2023-01-25.