1983
The concept for SVB was envisioned by Silicon Valley businessmen Bill Biggerstaff and Robert Medearis over a game of poker. The bank opened its first office in San Jose in 1983 to provide innovative banking and credit services to support tech startups.
1987
SVB went public and began trading stock on Nasdaq under the symbol SIVB, and completed its IPO in 1988 by raising $6 million in equity.
1992
SVB diversified into the high-risk real estate loan business, which reportedly amounted to 50% of its portfolio by the early 1990s, leading to the bank's first net loss.
1996
The rise of computer technology companies in the U.S. led to an inflow of clients seeking lending from the bank. By 1996, SVB reportedly had around 2,000 clients, including Cisco Systems and Bay Networks. The bank expanded across the U.S.
2002
SVB entered the private banking business, by launching broker-dealer subsidiary SVB Securities; acquiring Woodside Asset Management, personal investment advisor.
2004
The bank announced an international expansion drive in 2004, with new operations in Bangalore and London.
2008-2009
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