// STARTUP COMPARISON
PerPule vs Silicon Valley Bank
PerPule failed in 2021 due to Acquisition Gone Wrong. Silicon Valley Bank failed in 2023 due to Unit Economics. Different causes, different sectors, different eras — but the same simulation outcome.
| METRIC | 🔥 PerPule | 🔥 Silicon Valley Bank |
|---|---|---|
| Sector | Fintech | Fintech |
| Country | India | USA |
| Founded | 2016 | 1983 |
| Died | 2021 | 2023 |
| Raised | $10M | Public company (SIVB) |
| Peak | $10M raised | $209B assets |
| Primary Cause | Acquisition Gone Wrong | Unit Economics |
// WHY EACH FAILED
When Amazon acquires a retail technology company, they are buying the technology and the engineers, not the product. If your exit thesis depends on Amazon being a product-preserving acquirer, revise the thesis.
Asset-liability duration matching is not optional for banks. Investing short-term deposits in long-term bonds is a structural bet against rising rates. SVB had $80B in long-duration bonds when the Fed began the fastest rate rise cycle in 40 years.
// IN THE SIMULATION
PerPule triggers STRATEGIC_ACQUISITION_PRODUCT_TERMINATION — the simulation models acquisitions where the acquirer's goal is capability, not product continuation. Amazon acquires to build its own retail infrastructure, not to maintain a competing product.
SVB triggers DURATION_MISMATCH_BANK_RUN — the simulation models banks with long-duration bond portfolios as having existential rate sensitivity. A 400bps rate rise on a long-duration portfolio creates mark-to-market losses that exceed capital when forced to sell.
// EXPLORE FURTHER