The Fed and FDIC felt like they saw over the course of the weekend here that we're also going to step in and make sure that at least those banks are not bailed out. The middle bucket still present this contagion risk if given a you know handful of circumstances, Becker says. Silicon Valley bank lobbied the Trump administration successfully in 2018 to lower the standards for regional banks like Silicon Valley bank,. pack west fell into the everyone else category but now there's this other class now that I think we're willing to let fail," he adds.
In a special bonus episode of the Logan Bartlett Show, Logan is joined by journalists Dan Primack from Axios and Eric Newcomer from Newcomer to discuss the implications from SVB and where the tech and venture capital industry goes from here.
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Logan Bartlett is a Software Investor at Redpoint Ventures - a Silicon Valley-based VC with $6B AUM and investments in Snowflake, DraftKings, Twilio, and Netflix. In each episode, Logan goes behind the scenes with world-class entrepreneurs and investors. If you're interested in the real inside baseball of tech, entrepreneurship, and start-up investing, tune in every Friday for new episodes.