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3min chapter
SVB Collapse Explained, D2C Brands That May Fail, And Suli's Next Venture
My First Million
Silicon Valley Bank
Silicon Valley Bank is a huge venture debt provider in Silicon Valley. A ton of startups will get debt and then they have to use Silicon Valley Bank as their bank. The Federal Reserve and U.S. Treasury Department were like, if Silicon Valley Bank depositors lose their money, this is going to create a systemic risk. And so it's no big deal. You can access your money now.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode