5 ms·
Competitive advantage. If bigTechA and bigTechB discuss merging there will come a point in the due diligence where certain employees are asked to review competi
by bunabhucan 4y ago
Competitive advantage. If bigTechA and bigTechB discuss merging there will come a point in the due diligence where certain employees are asked to review competitive secret sauce of the other company with the understanding that if the merger unravels for some reason they will have to take a package and stop working for their current employer. I can't imagine the mbs/loan portfolio is that proprietary though.
- qbasic_forever 4y agoSVB is dead. The company has failed. There is no competitive advantage because SVB is not in competition anymore, it is dead. The former SVB employees are sticking on for 45 days (at 1.5x pay) to tie up loose ends according to the FDIC. But SVB is dead, the assets are being sold and might as well be public record at this point.
- nwatson 4y agoIsn't there goodwill value left over because of relationships and institutional knowledge, even after SVB is stripped of assets and after debt is accounted for? Might some larger bank retain that operation and return some value to taxpayers?
- 700000thMistake 4y ago[dead]
- youngtaff 4y agoGoodwill is the difference in value between the assets of a company and the price an acquirer paid for a that company
- drexlspivey 4y agoTheir liabilities are greater than their assets, there is no equity value left. Someone can acquire them for $1 if they want to assume their liabilities.
- toast0 4y agoNot sure how much goodwill is left, given that a big herd of depositors left on thursday. But there's probably some. If you kept continuity with a more diversified client base, that's probably enough for many customers to stay.