3 ms·
At one point Peloton had a market cap of $60B; was that 35B real? At this point, does SVB have positive brand value anymore, or are they negative?
by dannyw 4y ago
At one point Peloton had a market cap of $60B; was that 35B real?
At this point, does SVB have positive brand value anymore, or are they negative?
- gen220 4y agoThis reminds me a lot of the american express crisis that led berkshire hathaway to buy in 1998. SVB has positive brand value and (much more importantly) positive book value. At $16bn market cap EOD two days ago, they are also a relative minnow in the banking world. This slip-up is tarnishing to their management, but the main side-effect is that it makes them a prime acquisition target.