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SVB Financial Group at Morgan Stanley Technology, Media, and Telecom Conference (Virtual) Transcript
Good afternoon, everyone. Welcome to the final presentation of the day here in the Grand Ballroom. It is my pleasure and honor to introduce Greg Becker, President and CEO of Silicon Valley Bank, SVB Financial. Greg and I sat on this stage literally 2 years ago, right before the beginning of COVID. And we'd hear a sneeze in the audience and everyone would sort of freak out. So I'm really glad that the environment has changed. We're all back. I think what I've heard today is record attendance. So thank you very much. But it's interesting how much has actually progressed over the prior 2 years.
So Greg, for example, I was looking at your stock price. It's gone from $170 a share up to over $700 before the most recent market route. And your business touches the innovation economy in so many different ways. Obviously, you're a lender to private companies, to growth companies. You work with the venture capitalists, the funds, the principals. You work with entrepreneurs. During this COVID period, you bought a wealth management business. You bought an
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