This is CBS, I Am the World, I'm John Bastion, the Silicon Valley Bank.

What lessons learned?

I welcome Chris Regal, the CEO of Scala.com, Scala Global Technology firm, transforming

the retail space with digital signage.

This is the Scala report.

Chris, I learn from Emily Deliberier of the Foundation for the Defense of Democracies

that SVP is a moment in its failure that the PLA, in particular the enterprising young people

at the People's Liberation Army who use digital information to prolong more digital information.

This is an opportunity for them to move in and learn a deal about what's going on in

startups and mature companies in Silicon Valley Bank.

The example Emily gives me is a company that was making batteries more than a decade

ago called A123 that eventually went bankrupt, went away, but it was acquired by a Chinese

company that got with it a lot of intellectual property rights.

And otherwise wouldn't have come to the Chinese and was a window on other battery makers.

This is 2010 during the Great Recession.

Ms. Deliberier pointed out that SVP is a fire sale and that large Chinese companies

associated with the Chinese Communist Party love fire sales.

And in the breakup, we're likely to see advantages for the Chinese that wouldn't have come

about if it hadn't failed the bank.

She noted one instance where the UK version of SVP has now been purchased for one euro,

I believe, or maybe it's one pound by HSBC, a very large international bank with offices

in Hong Kong, the chief shareholder of which is a steam member of the Chinese Communist

...