AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is There a Risk in the Banking Sector?
Over half of Silicon Valley Bank's loans were funding capital calls at venture capital firms. That is a relationship the VCs are going to have a really hard time replacing. The idea that they were just willy-nilly yanking their money out in search of a slightly higher yield somewhere else might be a big risk for the broader banking industry. And we have social media, I think that this is the first run in a social media world. Everybody knows what everybody else is thinking at the same time. This is prone to create Bankran.