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E119: Silicon Valley Bank implodes: startup extinction event, contagion risk, culpability, and more
All-In with Chamath, Jason, Sacks & Friedberg
The California Regulator Is Frozen and You're Good for Your Uninsured Sums
"This is cataclysmic for Silicon Valley. If this does not get stopped this weekend, it's the media hitting the dinosaur," he says. "We spent all day yesterday on the phone with our portfolio companies trying to get them out." The California regulators stepped in and they froze everything.
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