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This book provides a first-hand account of the founding, ascent, and dissolution of Silicon Valley Bank (SVB), a tech community bank founded in 1982 with US$5 million that became the nation's 13th largest bank and tech industry's lender and bank. In this pathbreaking work, which challenges conventional understanding of risky tech lending by showing how an independent community bank became the go-to bank for the tech industry in the United States, Xuan-Thao Nguyen includes interviews with key players, ranging from the original founders and early employees to the current CEO of SVB. Chapters explore how the relationship between the venture capital (VC) industry and SVB transformed the way commercial banks comply with banking regulators while lending and nurturing young tech clients. The book demonstrates why the relationships between investors, start-ups, bankers, lenders, experts, lawyers, regulators, and community leaders are key ingredients for ongoing innovation in the tech industry. The book concludes with the sobering dissection of SVB's sudden death by $142 billion cuts inflicted by tech bros, social media, and the Federal Reserve Bank's successive interest rate hikes to squash the overheated economy.
The way Spinoza lived and died has often played a part in the interpretation of his thought. Because his life is poorly documented, there is no lack of fictive anecdotes about his person and reputed character. This chapter offers an up-to-date scholarly account, based on a critical examination of the sources. After a discussion of method, issues, and background, it deals chronologically with the places where Spinoza lived. He was born (1632) and grew up in Amsterdam. In the years between his expulsion from the Jewish community (1656) and the earliest known correspondence (1661), Spinoza’s whereabouts are unknown. Apparently, he acquired renown as a philosopher in that period. From there we can trace the development of Spinoza’s oeuvre, as he moves from Amsterdam to Rijnsburg, where he wrote his first published work, Descartes’s Principles of Philosophy, thence to Voorburg, where he spent most of his time composing the Theological-Political Treatise, and eventually to The Hague. He had already started on his Ethics in Rijnsburg but only finished it in The Hague. In the year before Spinoza died, he began writing the unfinished Political Treatise. The chapter takes into account recent work on his health and demise (1677)
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