SVB Capital Owned Pieces Of Top VC Firms. With A Sale Ongoing, Their Future Is In Flux.

Firms like a16z, Index and Sequoia can usually control who buys a stake in their blue chip funds. But with SVB Capital for sale, they’re in a rare powerless position unless their stakes are split up for separate sale.

Amid the many questions arising from the collapse and ongoing sale of Silicon Valley Bank, there is one that’s top of mind for many investors: what will happen to one of the bank’s “crown jewels,” its ownership stakes in some of tech’s best known venture capital firms including Accel, Andreessen Horowitz, Index Ventures and Sequoia.