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Mahesh Narayanan
Entrepreneur | Investor | Mentor
Mahesh Narayanan is a prominent figure in the startup ecosystem, currently serving as the Chief Executive Officer of MatchPlay, a company he co-founded. He is also the Managing Partner at Neuvation Ventures. With over 15 years of experience in biotechnology and life sciences, Narayanan has been instrumental in founding and managing several companies, including PepVax, Inc., and Can-Scope, which achieved a successful exit.
His educational background includes a Master's degree in Biotechnology from the University of Pennsylvania and a Bachelor of Arts in History/Pre-Medical from Boston University. Throughout his career, he has specialized in various areas such as biotechnology, immunoinformatics, vaccine development, and venture financing. Additionally, he has mentored over 10 startup companies focusing on innovations in neurotechnology and deep tech.
Narayanan's experience also includes significant roles in research and academia, having worked with organizations like GlaxoSmithKline and served as an adjunct professor. His diverse skill set and leadership roles reflect his commitment to advancing the startup landscape, particularly in life sciences.
Highlights
Looks like the FDIC has announced that SVB depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.
https://lnkd.in/eV5ukGDt
Lessons learnt for VCs and Startup founders -
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Diversify your deposits: One of the main reasons for the SVB bank run was the concentration of deposits from a single type of client. To avoid such situations, it's important to diversify your deposits across multiple banks. This will help spread the risk and ensure that your funds are not dependent on a single institution.
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Understand your bank's financial health: Before depositing your money in any bank, it's important to understand its financial health. This includes looking at its balance sheet, earnings, and capital adequacy. By doing so, you can ensure that your bank is well-capitalized and financially stable.
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Keep an eye on market trends: Keep a close eye on market trends and events that could impact the banking industry. This includes changes in interest rates, regulatory changes, and geopolitical events. By staying informed, you can make more informed decisions about where to deposit your funds.
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Stay calm in times of crisis: In the event of a crisis or bank run, it's important to stay calm and avoid panic. Withdrawals should be made strategically and not on a whim. A lot of this might have been avoided if some investors did not panic and have their portcos pull their money, creating a self-fulfilling prophecy on the bank run.
Regulations need to be looked at for what banks can do with depositors money but I hope this event doesn’t create a situation where regional or market-focused banks cease to exist. It’s important we have choices in a free market and we are not pushed into consolidation with the largest 4-5 banks.
#founders #startup #svb #bankingandfinance
