NasdaqGM - Delayed Quote • USD SVB Financial Group (SIVB) Follow 106.04 0.00 (0.00%) As of April 4 at 4:00 PM EDT. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Texas Pension Fund’s Bets on Regional Banks Turn Sour A Texas pension fund lost about $9 million over the past 13 months investing in three regional banks just days before their stock prices collapsed. SVB collapse on year later: Lessons one startup learned The collapse of Silicon Valley Bank left many companies, mostly startups, scrambling for cash. One such company was Asian food startup Omsom. The company told customers at the time that it had all of its capital in an account at SVB. In the premier episode of the second season of Lead This Way, Omsom co-founder Vanessa Pham tells Yahoo Finance's Brooke DiPalma the lessons she learned from the crisis. Click here for the full Lead This Way episode featuring Omsom co-founder Vanessa Pham. Editor's note: This article was written by Stephanie Mikulich.
