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Adam Millsom

Managing Director at HSBC

Adam Millsom is an accomplished business development and finance professional with a proven track record of delivering results.

He specializes in relationship selling, term sheet and legal document negotiation, financial modeling, credit analysis, venture capital, strategic planning, and technology & life science.

Adam studied at Lehigh University and has held various key positions in prestigious organizations.

He was formerly the Managing Director at HSBC and held multiple positions at Silicon Valley Bank, including Market Manager- Credit Solutions, Managing Director- Enterprise Software, Director, Vice President II- Technology, Vice President- Technology, and Vice President- Life Sciences.

Additionally, Adam has experience as a Relationship Manager at Bank of America, New England Sales Representative at TeleCheck, and Research Assistant at Standard & Poor's.

Highlights

Mar 12 · linkedin

👀

Mar 15 · linkedin

Sorry, I have been quiet here on LI. First and foremost, I appreciate the support from people who I consider friends as much as clients, former clients, VCs and partners more than any of you will ever know. I am sorry I haven’t been able to respond to all of you. Many messages and texts have undoubtedly slipped through the cracks. I am still shocked/sad for clients, colleagues, and the tech ecosystem. I am angry. This anger is not directed at any clients or VCs for doing what they thought was right last week, but at some of the dumbest decisions and communication in history.   I have been completely overwhelmed by the personal concern from folks whose companies could have been completely screwed at one point last week. I was hanging in and staying strong, but admittedly was moved to tears this morning by a longtime CFO/friend who texted and said he is moving all of his funds back into #svb . It’s all just so wild and I immediately thought of one my favorite quotes from Coach Jim Valvano:   “To me there are three things everyone should do every day. Number one is laugh. Number two is think - spend some time time in thought. Number three, you should have your emotions move you to tears. If you laugh, think and cry, that's a heck of a day.” ― Jim Valvano

So putting things into perspective, I am healthy, my family is healthy and I am off to a really good day!

I am not sure what the future holds, but there are 7k+ folks like myself, whose equity/retention has been wiped out that are still working their asses off. The tech ecosystem is better with our Team of bankers at SVB intact and that’s what we are trying to do right now. If you agree, we do need your help. This is not an obit, this is a call to action:   To Our Clients: Thousands of you heard directly from our new CEO, Tim Mayopoulos, yesterday via zoom -  

  1. we are open for business,
  2. the preferred path is to run SVB Bridge Bank as a going concern,
  3. there is no safer financial institution to hold your cash - 100% FDIC insured, and
  4. you have a vote in the outcome based on where you hold your cash. To our clients who were unable to attend a zoom yesterday (sorry for short notice), we sent you an email invite for a zoom at 10:00 or 2:30pst today.   To our VC/PE Partners: Thank you for your overwhelming support and encouragement of your portcos to maintain primary operating accounts and deposits with SVB. Billions of outgoing wires were cancelled yesterday morning and billions of deposits were set to come back in the afternoon.   My ask: Please consider cancelling any outgoing wires this morning and send as many deposits back today as possible. Don't do it for the old SVB... Please consider doing it for you (your family) and the company you represent (no safer institution to hold deposits), the SVB employees you've known for years, and the innovation economy that deserves a long-term, committed financial partner.   Thanks All and Go E-A-G-L-E-S! (Sorry, couldn’t help myself)   Adam
Adam Millsom
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Location

New York, New York, United States