I'm an associate at SVB. I love the culture of this company, but I'm livid at the failures of management.

Thu, 03/23/2023 - 05:04

People walk in the rain with an umbrella outside Silicon Valley Bank — "If this was a shitty place to work, maybe I wouldn't feel so strongly. But we had a good thing going," a Silicon Valley Bank employee told Insider.
Justin Sullivan/Getty Images

One current SVB employee is on the front lines of what has been dubbed the worst bank crisis since 2008.
They said the mistakes that led to the bank's downfall are "mind-boggling" and that they're angry.
The best thing about working at SVB is its tight-knit, supportive culture: "We had a good thing going."

This as-told-to essay is based on conversations with a Silicon Valley Bank employee who wished to remain anonymous to speak freely about their situation. Their identity is known to Insider. The essay has been edited for length and clarity.

I work at SVB, and as you might surmise, the situation sucks.