PODCAST: Silicon Valley Bank collapses and FDIC takes over

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.

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’s start in robotics with Kiva Systems and how he concepted and built 6 River Systems into a leading AMR manufacturer that’s now a major part of the Shopify family.

It’s a great interview about the importance of putting the customer first and starting with a problem, rather than a solution.

Links from today’s show:

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Written by

Mike Oitzman

Mike Oitzman is Senior Editor of WTWH's Robotics Group, cohost of The Robot Report Podcast, and founder of the Mobile Robot Guide. Oitzman is a robotics industry veteran with 25-plus years of experience at various high-tech companies in the roles of marketing, sales and product management. He can be reached at moitzman@wtwhmedia.com.