Where does Silicon Valley Bank appear in Issue.0?

Only in the introduction of the Portuguese version, published with the translation one year and five months after the first edition.

Why does the introduction bring it up?

Because the story uses a tsunami as a narrative element to frame a new solution; after the coincidence, the introduction turns to prophecy, clairvoyance and the reading of patterns.

Company

Silicon Valley Bank

Economics & Finance

What is Silicon Valley Bank in the Agency editorial?

Silicon Valley Bank (SVB) was an American bank based in California that served technology startups and their investors. Its failure in March 2023 is the hook of the introduction that the Portuguese version of Issue.0 received with the translation: the author notes that it happened exactly seven days after this story, which uses a tsunami to frame a new solution, was published.

In short

Silicon Valley Bank appears only in the Portuguese version of Issue.0, in the introduction written for the translation. The author recalls that in January 2023 he resigned from his position as Senior UX Designer at a Silicon Valley company and began to write about what he had learned about marketing, creativity and design in eleven years of career. What he did not expect, he writes, was that exactly seven days after publishing this story, which uses a tsunami as a narrative element, Silicon Valley Bank would face a compulsory closure for insolvency, in the largest bank failure since the last global financial crisis. From there the introduction moves to prophecy, the oracles consulted by Alexander the Great and the word clairvoyance, read as the one who sees clearly.

Key facts

Where does Silicon Valley Bank appear in Issue.0?: Only in the introduction of the Portuguese version, published with the translation one year and five months after the first edition.
What does the edition say happened to the bank?: That it faced a compulsory closure for insolvency, in the largest bank failure since the last global financial crisis, exactly seven days after the story was published.
Why does the introduction bring it up?: Because the story uses a tsunami as a narrative element to frame a new solution; after the coincidence, the introduction turns to prophecy, clairvoyance and the reading of patterns.

What was Silicon Valley Bank?

Silicon Valley Bank was a commercial bank founded in 1983 and based in Santa Clara, California, known for serving technology startups and venture capital firms. On 10 March 2023, after a run on its deposits, it was closed by California regulators and placed under the control of the Federal Deposit Insurance Corporation (FDIC). At the time it was the largest bank failure in the United States since the 2008 financial crisis. These facts come from general sources and are marked for the author's verification.

How does Silicon Valley Bank appear in Issue.0?

The bank is named only in the Portuguese text, as Banco do Vale do Silício (SVB Bank). The introduction recalls that the author resigned from his position as Senior UX Designer at a Silicon Valley company in January 2023 and began writing about marketing, creativity and design. Seven days after the story of Evans and Marston was published, with its tsunami ready to swallow the boats, the bank failed. The introduction then discusses prophecy and clairvoyance, which it reads through the morphology of the word as the one who sees clearly, and observation and interpretation as what results in intuition.

Source editions

Where this entry comes from in the Agency editorial.

Also from these editions: concepts

Also from these editions: terms

Related terms

intuitionnoun: The capacity to understand or know something immediately, without the need for conscious reasoning or detailed analysis.
Recessionnoun: A significant and widespread decline in economic activity lasting across several months, typically marked by falling GDP, reduced industrial production, and rising unemployment.
Tsunaminoun: A series of massive ocean waves caused by sudden displacement of water from undersea earthquakes, or metaphorically a sudden overwhelming influx of events.