that the bank's wine business was a key part of building its brand and connecting to Silicon Valley entrepreneurs. That year, SVB's wine practice"accounted for 6% of the bank's $14.6 billion gross loan portfolio," the website reported.. SVB said on its website at the time that"44% of U.S. venture-backed technology and healthcare IPOs bank with SVB.
Normally, if a person is seeking a commercial loan, a bank would request information on their company's cash flow and the available collateral, Metrick said. SVB was unique in really understanding and trusting their clients and building relationships with these companies, venture capitalists and entrepreneurs, Metrick said.
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