Venture capitalists did a lousy job talking to their portfolio companies about cash management. A lot of founders didn't know until Thursday that only $250,000 of their cash was protected. And also there weren't DPs of finance or controllers or even certainly not CFOs in place with a lot of these companies.
In a special bonus episode of the Logan Bartlett Show, Logan is joined by journalists Dan Primack from Axios and Eric Newcomer from Newcomer to discuss the implications from SVB and where the tech and venture capital industry goes from here.
Executive Producer: Rashad Assir
Producer: Leah Clapper
Mixing and editing: Justin Hrabovsky
Check out Unsupervised Learning, Redpoint's AI Podcast: https://www.youtube.com/@UCUl-s_Vp-Kkk_XVyDylNwLA
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About the Show
Logan Bartlett is a Software Investor at Redpoint Ventures - a Silicon Valley-based VC with $6B AUM and investments in Snowflake, DraftKings, Twilio, and Netflix. In each episode, Logan goes behind the scenes with world-class entrepreneurs and investors. If you're interested in the real inside baseball of tech, entrepreneurship, and start-up investing, tune in every Friday for new episodes.