I noticed that a director, G. Feldo Hardymon purchased $915,449 at $18.31 per share on October 24. He had also made a similar purchase earlier in the year. I was curious as to his credentials so checked his bio - Professor of Management, Harvard Business Practice School since 1998.
It is G. Felda Hardymon.He is a general partner with Bessemer Venture Partners. http://www.bessemervp.com/about/team.asp Probably has intimate experience with tech start-ups.Investing $1mil in SIVB must mean he is successful at it--Harvard doesn't pay that well....bb