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EMERGENCY POD: $SVIB implodes, contagion risk, advice for founders, and what’s next? | E1696
This Week in Startups
Silicon Valley Bank Affects Venture Funds
Levi: "I am terrified that this is a black swan contagion like effect" He says Silicon Valley banks are already dealing with the mess of startups during this correction. If it becomes an acute contagion, other venture funds don't wanna solve their problems and there's a bunch of problems and people get laid off,. This could have cascading effects," he adds.
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