{"id":565228,"date":"2023-03-10T18:36:03","date_gmt":"2023-03-10T23:36:03","guid":{"rendered":"https:\/\/www.therobotreport.com\/?p=565228"},"modified":"2023-08-14T19:56:08","modified_gmt":"2023-08-14T23:56:08","slug":"silicon-valley-bank-collapses-and-the-fdic-takes-over","status":"publish","type":"post","link":"https:\/\/www.therobotreport.com\/silicon-valley-bank-collapses-and-the-fdic-takes-over\/","title":{"rendered":"Silicon Valley Bank collapses and FDIC takes over"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Silicon Valley Bank closed by FDIC by The Robot Report Podcast\" width=\"740\" height=\"400\" scrolling=\"no\" frameborder=\"no\" src=\"https:\/\/w.soundcloud.com\/player\/?visual=true&#038;url=https%3A%2F%2Fapi.soundcloud.com%2Ftracks%2F1466253976&#038;show_artwork=true&#038;maxheight=1000&#038;maxwidth=740\"><\/iframe><\/p>\n<p>Breaking news today regarding the failure and collapse of Silicon Valley Bank, one of the oldest banks in Silicon Valley to be used by generations of technology startups. Steve Crowe and Mike Oitzman discuss the situation and the likely fallout and impact to robotics companies and the venture capital industry that supports them.<\/p>\n<p>Also on the show today we (unrelatedly) interview Rylan Hamilton, cofounder and CEO of 6 River Systems. Mike had the opportunity to sit down with Rylan and talk about Rylan&#8217;s start in robotics with Kiva Systems and how he concepted and built 6 River Systems into a leading AMR manufacturer that&#8217;s now a major part of the Shopify family.<\/p>\n<p>It&#8217;s a great interview about the importance of putting the customer first and starting with a problem, rather than a solution.<\/p>\n<p>Links from today&#8217;s show:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.bloomberg.com\/news\/live-blog\/2023-03-10\/the-fallout-from-svb\" target=\"_blank\" rel=\"noopener\">Silicon Valley Bank collapse live blog (Bloomberg)<\/a><\/li>\n<li><a href=\"https:\/\/www.therobotreport.com\/plus-one-robotics-raises-50-m-series-c-funding-round\/\" target=\"_blank\" rel=\"noopener\">Plus One Robotics raises $50M Series C funding round<\/a><\/li>\n<li><a href=\"https:\/\/www.therobotreport.com\/john-deere-acquires-sparkais-human-in-the-loop-tech\/\" target=\"_blank\" rel=\"noopener\">John Deere acquires SparkAI\u2019s human-in-the-loop tech<\/a><\/li>\n<li><a href=\"https:\/\/www.therobotreport.com\/ai-chipset-bans-keeping-humans-in-the-loop\/\" target=\"_blank\" rel=\"noopener\">Michael Kohen, founder and CEO of SparkAI on the podcast in episode 91<\/a><\/li>\n<li><a href=\"https:\/\/6river.com\/\" target=\"_blank\" rel=\"noopener\">6 River Systems website<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On the podcast, we talk about the potential impact of the implosion of Silicon Valley Bank. Also this week: an interview with Rylan Hamilton, CEO and co-founder of 6 River Systems.<\/p>\n","protected":false},"author":832,"featured_media":565231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rbr50_analysis":"","rbr50_state":"","rbr50_country":"","rbr50_description":"","rbr50_numemps":"","rbr50_text_taxonomy_radio":"","rbr50_text_taxonomy_select":"","rbr50_url":"","rbr50_yearfounded":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"footnotes":""},"categories":[2013,3503,3502,1396,1388,1401,2131,3105],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Silicon Valley Bank collapses and FDIC takes over - The Robot Report<\/title>\n<meta name=\"description\" content=\"On the podcast, we talk about the impact of the implosion of Silicon Valley Bank. Also this week: an interview with Rylan Hamilton of 6 River Systems.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.therobotreport.com\/silicon-valley-bank-collapses-and-the-fdic-takes-over\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Silicon Valley Bank collapses and FDIC takes over - The Robot Report\" \/>\n<meta property=\"og:description\" content=\"On the podcast, we talk about the impact of the implosion of Silicon Valley Bank. Also this week: an interview with Rylan Hamilton of 6 River Systems.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.therobotreport.com\/silicon-valley-bank-collapses-and-the-fdic-takes-over\/\" \/>\n<meta property=\"og:site_name\" content=\"The Robot Report\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-10T23:36:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-14T23:56:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2023\/03\/robots-getting-into-bank.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"780\" \/>\n\t<meta property=\"og:image:height\" content=\"549\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mike Oitzman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@therobotguide\" \/>\n<meta name=\"twitter:site\" content=\"@therobotreport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mike Oitzman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.therobotreport.com\/silicon-valley-bank-collapses-and-the-fdic-takes-over\/\",\"url\":\"https:\/\/www.therobotreport.com\/silicon-valley-bank-collapses-and-the-fdic-takes-over\/\",\"name\":\"Silicon Valley Bank collapses and FDIC takes over - The Robot Report\",\"isPartOf\":{\"@id\":\"https:\/\/www.therobotreport.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.therobotreport.com\/silicon-valley-bank-collapses-and-the-fdic-takes-over\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.therobotreport.com\/silicon-valley-bank-collapses-and-the-fdic-takes-over\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.therobotreport.com\/wp-content\/uploads\/2023\/03\/robots-getting-into-bank.jpg\",\"datePublished\":\"2023-03-10T23:36:03+00:00\",\"dateModified\":\"2023-08-14T23:56:08+00:00\",\"author\":{\"@id\":\"https:\/\/www.therobotreport.com\/#\/schema\/person\/db9593fe808b6ef654ba859d9d0a52df\"},\"description\":\"On the podcast, we talk about the impact of the implosion of Silicon Valley Bank. 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