It's an open question right now whether there was an organized conspiracy by smart people to take advantage of this situation. I have no idea what A16Z or Sequoia or Peter Teal might have against this bank, but they didn't make themselves vulnerable. Why in the world would they invest their depositors excess money at a time when the bond market was uninvestable? That is malpractice in my mind.
Kara, Scott, and William D. Cohan are back with a bonus episode to talk through Silicon Valley Bank’s 48 hour collapse. What does its fall mean for tech? Who's to blame? Will depositors be made whole?
You can follow William D. Cohan at @WilliamCohan.
We’ll be back with a regular episode on Tuesday!
Learn more about your ad choices. Visit podcastchoices.com/adchoices