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

'Valley wouldn't be Silicon Valley without Silicon Valley Bank'

On the 80th birthday of Silicon Valley Bank co-founder Bill Biggerstaff in 1999, employees gather outside the Santa Clara headquarters and wish him well with a group wave. (courtesy of Biggerstaff family)
On the 80th birthday of Silicon Valley Bank co-founder Bill Biggerstaff in 1999, employees gather outside the Santa Clara headquarters and wish him well with a group wave. (courtesy of Biggerstaff family)
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In the early Eighties, 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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