Publications

Don’t Blame Venture Capitalists For SVB's Collapse
Estate Planning, Entrepreneur Matthew Erskine Estate Planning, Entrepreneur Matthew Erskine

Don’t Blame Venture Capitalists For SVB's Collapse

Better decision-making processes, not railing against venture capitalists, are some of the lessons that should come out of the Silicon Valley Bank's collapse. From an estate planning perspective, the issue is not so much what the venture capitalists did, as much as how they came to the decision they did to advise their portfolio companies to withdraw funds from the bank. This is most likely because most venture capitalists who are controlling the funds are, at their core, entrepreneurs and use an action-based decision-making process.

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