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Innovation Economy Is the Best Place to Be: SVB CEO

May.20 — Greg Becker, president and CEO at SVB Financial Group, shares the company’s insights into the health of the U.S. startup ecosystem during the Covid-19 pandemic. A new research by SVB Financial Group and PitchBook finds that the SPAC market has raised a record $83 billion by the end of March, exceeding the total…

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May.20 — Greg Becker, president and CEO at SVB Financial Group, shares the company’s insights into the health of the U.S. startup ecosystem during the Covid-19 pandemic. A new research by SVB Financial Group and PitchBook finds that the SPAC market has raised a record $83 billion by the end of March, exceeding the total amount raised in 2020. Investors have also poured $69 billion into VC-backed firms in the first quarter of 2021, up 93% from last year. Becker also discusses the driver of the company’s growth, which has skyrocketed during the pandemic. He speaks to Emily Chang on “Bloomberg Technology.”

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2 Comments

2 Comments

  1. Old Man Boys

    May 20, 2021 at 11:43 pm

    Heh

  2. John Smith

    May 20, 2021 at 11:53 pm

    Startups are for losers

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Bloomberg Technology

Meta’s Zuckerberg strains to assuage investor worries on AI bet

Meta gave a disappointing revenue forecast for the current quarter, intensifying investor concerns that the social media giant isn’t swiftly benefiting from its massive outlay on artificial intelligence. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…

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Meta gave a disappointing revenue forecast for the current quarter, intensifying investor concerns that the social media giant isn’t swiftly benefiting from its massive outlay on artificial intelligence. Ed Ludlow reports.
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Bloomberg Technology

Apple Slides After Supply Shortages Hurt Sales Forecast

Apple tumbled in late trading after component shortages weighed on the company’s sales forecast. Ed Ludlow breaks down the company’s Q2 earnings. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get the latest in tech from…

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Apple tumbled in late trading after component shortages weighed on the company’s sales forecast. Ed Ludlow breaks down the company’s Q2 earnings.
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Anthropic Hack Adds To Fears Over AI Safety

Anthropic says its AI models were involved in a hack, days after OpenAI made a similar disclosure. Does AI have a safety problem? Bloomberg’s Jordan Robertson explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get…

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Anthropic says its AI models were involved in a hack, days after OpenAI made a similar disclosure. Does AI have a safety problem? Bloomberg’s Jordan Robertson explains.
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