On March 8, 2023, Silicon Valley Bank announced the sale of its bond investments at a loss and later declared bankruptcy on March 10. As an important institution serving scientific and technological innovation enterprises for a long time, it is an important financial channel between scientific and technological enterprises and scientific and technological workers, with a wide range of business. Therefore, the bankruptcy of Silicon Valley bank caused turmoil in the financial market, but also brought great pressure to the scientific and technological enterprises. This paper takes the Silicon Valley bank bankruptcy event as the research object, discusses its impact on the business model of small, medium, and micro enterprises, and puts forward corresponding solutions. First of all, through the in-depth analysis of the reasons for the bankruptcy of Silicon Valley Bank, reveals its deficiencies in risk management and financial services. Secondly, through the study of the business model of small, medium, and micro enterprises, the problems in financing, risk control and business development are found. On this basis, a fintech-based solution is proposed to improve the risk management ability of micro, small, and medium-sized enterprises, optimize their financing structure, and enhance their business efficiency by using big data, artificial intelligence, and other technologies.
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Yusha Wang (2024) studied this question.
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