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An SVB (phew!) update + Benedict Evans on the future of (almost) everything

Channels with Peter Kafka

CHAPTER

Don't Pull Your Money Out, It's a Bank

I think the bad blood is going to go away real quick because everyone got their money on Monday. What people actually lost was their weekend and maybe, you know, they had to open the Peptobysmal a little bit and drink a little bit more. VCs didn't, I don't believe, cause the run on the bank per se. Did they participate in it? Sure. They were sprinting too. But I don't think it's a group of VCs who woke up and thought, oh, let's kill SVB. The idea that you're going to pick goodwill towards SVB over the survival of the company, I think is a little bit of a

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