: As startups raised massive rounds of equity (venture growth), they deposited the proceeds into SVB. SVB then used these deposits to provide loans back to the same ecosystem. The SVB Crisis: A Collision of Risks
: As the Federal Reserve increased interest rates, the value of SVB's fixed-rate bond portfolio dropped. ABV.vg.svb
: High interest rates also made equity capital harder to raise. Startups began drawing down their deposits at SVB to fund operations, as their "runway" was no longer being replenished by new venture rounds. : As startups raised massive rounds of equity
The string appears to be a shorthand or typo referring to the interconnected factors of Asset-Based Valuations (ABV) , Venture Growth (vg) , and Silicon Valley Bank (SVB) . Specifically, it highlights the 2023 collapse of Silicon Valley Bank, which was a watershed moment in modern finance driven by the unique intersection of startup asset valuation models and traditional banking risks. The Lifecycle of Venture Growth and Banking : High interest rates also made equity capital
