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E119: Silicon Valley Bank implodes: startup extinction event, contagion risk, culpability, and more
All-In with Chamath, Jason, Sacks & Friedberg
How Much Value Is Going to Be Lost?
"We don't have time here for the government to figure out how to be a partner or an investor in all these startups," he says. "If we destroy that money, these companies are going out of business next month." He argues depositors should not lose their deposit because bankers loaned it to start-ups.
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