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Fortune
Fortune
Eleanor Pringle

Shark Tank star blasts SVB's 'idiot management' and 'negligent directors' over collapse

Kevin O'Leary speaks during a senate hearing (Credit: Ting Shen—Bloomberg/Getty Images)

Shark Tank's Kevin O'Leary has made a career of calling out businesses on their weaknesses, and now bosses at the collapsed Silicon Valley Bank have, unsurprisingly, caught the self-proclaimed Mr. Wonderful's attention.

SVB imploded and was taken over by the Federal Deposit Insurance Corporation on Friday after a bank run saw investors and depositors trying to extract $42 billion when VCs advised businesses to begin withdrawing funds.

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