Silicon Valley Bank, First Republic Bank

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People on Twitter are speculating that this means a quantitative easing and money printing will resume stabilizing the markets along with potential rate cuts. We have fractional banking, which means like we put our money in, they go do stuff with it and we can't get our money back because it's not like a bank vault or a stable coin. And so quantitative easing, the government buying securities and some of this, you know, medium or long duration, bonds, treasuries, et cetera. It's gonna take coordination here. I saw UBS is gonna require their big rival credit suites. First Republic actually known for that. You have a personal banker there. Even if you

Rachel Reporting joins Jason to read the news! First, they give an update on the banking crisis and how it’s impacting startups (1:34). Then, they cover Balaji’s huge Bitcoin bet and his predictions for the future (14:17) before breaking down OpenAI’s launch of GPT-4 (35:07). Finally, Jason wraps up with some Jay Trading updates (57:28)!

(0:00) Jason kicks off the show

(1:34) Banking crisis update & how it affects startups

(10:11) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist

(11:14) Best practices for banking

(14:17) Balaji’s huge Bitcoin bet

(22:18) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist

(23:42) Balaji’s predictions for the future

(32:41) Ray Dalio’s The Changing World Order

(33:46) CacheFly - Get 10 Terabyte free forever if you signup at http://twist.cachefly.com

(35:07) A breakdown of OpenAI’s launch of GPT-4

(57:28) Jay Trade update

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