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How a poker game launched Silicon Valley Bank s four-decade ride of the tech wave — and a bad gamble 42 years later ended it all

In the early Eighties, when “High Tech” was still written with quotation marks and the region was starting to become known as The Silicon Valley, tennis buddies Bob Medearis and Bill Biggerstaff took

Silicon Valley Bank started with a poker game, crashed with a bad bet

In the early Eighties, when “High Tech” was still written with quotation marks and the region was starting to become known as The Silicon Valley, two tennis buddies took their idea for a new bank to a poker game in Pajaro Dunes. Forty years later, the collapse of Silicon Valley Bank jolted global markets and sent the tech world into a tailspin.

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