2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E120: Banking crisis and the great VC reset

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Fed's Decision to Intervene on Credit Suisse

SAC: The search for scapegoats, I think, is getting out of control. It's convenient to make tech, which is hated right now at Shamauth and Friedberg, the scapegoat. But let's talk about the Fed raised those rates because of inflation due to COVID. SAC: Just because they went first doesn't mean that others don't have similar kinds of issues.

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